I always taught of the ipad as an oversize ipod touch before I got the rev 1 due to the price drop. I raise my hands up what a product, my 8 year loves it, the Mrs loves it and myself i am thinking of buying the rev 2.
I never understood the "big ipod touch" comments. Since when was bigger not better?
I plan on getting an iPad 2. People always call it an "oversized iPod touch," which in a way it is, but the same people don't understand that the size (not to mention the faster speed) actually makes a pretty significant difference in its functionality.