Here's my main setbacks with the iPad -Its somewhat heavy -Does not support iOS 6 -Many graphic-intense games don't run well -No cameras for FaceTime -No Retina display Its actually ok for watching videos and movies, playing some casual games, reading the news, checking email and reading books and magazines. Main concern about the iPad mini is that it does not have a Retina display. I watched some demos of games running on it and they run better than the iPad 1 but probably about the iPhone 4 level. Games like Real Racing 3 will fully take advantage of the power and display, and I want something that can do that. Infinity Blade, Modern Combat 3, etc. I play many graphic intense games. But the thing is...both are a lot better than my iPad 1. Also the iPad mini is light, I could see me carrying it around a lot more although I don't care around the iPad 1 that much because its not that great in productivity situations. If I get an iPad mini it'll probably be the 16GB, if I got with the iPad 4th gen it'll probably be 32GB. $400+ is kinda too much for a 7-inch tablet. Also I will not upgrade every year (as you can see by me still using the iPad 1). I want a product that can last at least 2-3 years.