I picked up a refurb new iPad and sold my Gen 1. Saved $50 on the refurb and another $300 by selling my 64 Gig 3G. I did not want to feel guilty aso I put the ad up with the the warning that it would not support iOS 6. May be why so many people tried to talk me down. I would point out that the refurb was going for $529 when available on Apple store and they could pay the extra $229 for the one year warranty.
Have not put it through its paces yet, it is clearly nicer but doesn't seem like the huge leap I was expecting. I am not complaining! It is faster, the screen is amazing, and it has a decent camera. However, had I not seen that iOS 6 was not supporting the iPad 1, I probably would have just held on to it until someone took it from me. Mainly used for writing, surfing, daily planner, and notes.