Just as long as you keep in mind that this tablet is half the price of the iPad 2, when you make those judgements. You can't expect it to meet or exceed Apple's standards and also still cost half the price, or you're intentionally setting up the product to fail in your mind.
Price is not an issue for me in this case, as I said before. But clearly, it is for you. In this situation consider value instead. If the Nexus (or any) tablet does not meet the criteria I specified, then its value is 0, regardless of price.
I believe that this is a significant difference between the typical Apple customer and those who complain about their prices. An Apple customer sees the value in how Apple (or any company, really) implements their ideas (in hardware and software) and makes the purchasing decision based on that, not on actual price alone. In this case, I define "value" as price x features. They must be considered together.
As such, they (like myself) rather save up to purchase an Apple product than to save money to get something that is cheaper, but does the same thing, just not as well.
So, yes, I must expect it to meet or exceed Apple's standards, because to me it's not worth it if it doesn't.