Thanks so much for all the great replies everyone. You have all been very helpful even though I haven't made up my mind 100% yet, I'm leaning toward keeping it.
Hubby purchased a 32gig Wifi model for me..he paid $499 for it I believe, at BB. It is mainly for home use, as I don't get out often and when I do I leave the electronics at home normally.
The Kindle I had was a Kindle 1. This was the second unit that went out on me, and its outside warranty. If they had back lighting and the web on the newer kindles, I might seriously be considering another one.
This iPad does everything I wanted one for, just not as fast.

I am a bit geeky when it comes to my computers, but you're talking to a lady still walking around with a Razor phone so consider the source.
The number one thing I love about the iPad is how easy it is to carry it from room to room. I have a 13 inch Macbook that stayed off so long the battery went bad on it. Since getting this iPad I carry it all over the house. My main computer is a PC, I use that for games, Photoshop, Corel Painter mostly. This iPad fills the gap for me that I thought a Macbook would. The difference for me is the convenience factor.
I'm not entirely convinced that faster will have any real effect on reading a book or on watching my Netflix. The lighter weight might be something to consider though. So that leaves the web mainly, for reading forums such as this, youtube, and occasional internet radio.... I think I'm talking myself out of the upgrade and just waiting for some future iPad model. My husband doesn't really care one way or the other if I spend the extra money, so thats not a factor. All stores in my area have no stock, an no idea when they will get anymore.
So as of now I'm likely to just keep this one.Thanks so much for all the help and for your replies everyone. You guys helped me more than you know.