TIGRES, I see what you're saying relative to the pricing of the iPad 1 vs iPad 2. But I'm kinda confused why so many people feel this is only a minor bump (iPad 1.5) instead of a major upgrade.
In my mind, a minor bump consists of (minor) hardware upgrades only. Increased ram/processor.
iPad 2 has 2x's the RAM and the new A5 processor, and supposedly up to 9X's the graphics performance. Those specs sound considerable to me... Now if these were the only upgrades in the iPad 2 I would probably say the same thing...
but, the thing got a completely new design, and while the ascetics of physical design comes down to opinion, the fact that it is 15% lighter and 33% thinner is a huge improvement. You have to remember that this devices main constraint is it's weight and size, unlike a laptop which is resting on a surface for the majority of it's use, tablets are held for long periods of time.
It also got 2 cameras (of course). This was such an expected upgrade that no one seems to remember that it is in fact an upgrade. And yes the cameras quality is subpar, but I don't think anyone is going to the using the cams for anything that requires high quality.
Then there's the smart covers. Gimmicky? Idk, I actually really like the concept, protect the most important part (the screen) with the least added weight and thickness. Add an invisible shield on the back and you're set
So...
1. Considerable upgrade to speed and performance
2. Redesigned form (w Reduced weight and thickness)
3. 2 added cameras (w FaceTime of course) & a gyro
4. Smart covers (bonus!)
Seems like a fairly substantial upgrade to me. I think people saw that the display wasn't enhanced in any way and immediately wrote this iPad off as a minor upgrade. I think the iPad's display looks beautiful and it would be one of the last things that I would want improved. Besides a enhanced display, what is the iPad 2 missing that is keeping it from being a full fledged upgrade? I think people may just be getting too greedy/unrealistic.
I agree, the original iPad is a get device and a great value right now, but for an extra $100-150, it's a no brainer. I couldn't imagine purchasing an iPad 1 right now. It's only going to seem more sluggish as developers take advantage of the iPad 2's hardware. And forget any app that uses the camera & gyro, your SOL with iPad 1.
So, thinner, lighter, twice the RAM, upgraded processor, 2 cameras, gyro and a nifty cove... definitely justify 150 dollars in my book.