I can see where your coming from, however I felt the first gen was underpowered from the start and I can see it running even slower after iOS 5 update comes out due to the ram and processor. The new iPad might just feel a bit snappier now but once the software is updated for the dual core processor everything should feel quite a bit slower with much less system slow downs. They didn't just put a slightly higher clocked cpu in there but using the same architecture as the previous generation, they are using different architecture that is 25% faster at the same clock speed plus adding another coreand thats not even talking about the faster ram or much faster gpu. personally I could see myself being content with it for a few years where with the first gen I couldn't see that as i felt they played it a lil safe with the specs, nothing wrong with that as it was the first gen tho...
A few years !
Righto !
Don't kid yourself it'll be the v6 or 7 by then ,lol.