Personally I like it.
I have an original iPad, I have had it since day 1 of the US release, well I got it a few weeks after as it was posted to me from LA.
I want the iPad 2 because of the increased functionality, the cameras are a nice touch especially as I do have a 2 year old and we live 2000 miles from the rest of my family. So being able to take video and edit it on the fly then post it up on say FB is a real plus. Never expected a retina display or a memory bump (I have the 32GB Wifi never needed more memory or a cellular data plan)
My son is fully conversant with the iPad and yes he is only 2 and a half, so he will be fine with this, I expect him to be video editing by the time he is 5 🙂
The good news is I have never had to pay for a single one of my Apple products (Website Forum Manager for Dance Magazine) iMac, iPad, and iPhone 4 (switched carrier for Mobile and My home BB and got the phone for 5€ amonth on a 2 year contract), so am hoping to get this one for gratis also, however I am also hoping to get a New Macbook Air as well, if it's a choice I will go for the Air.