The Mini is an iPad 2 with a smaller screen. The iPad 2 is like 3 years old.
Would you buy an iPad 2 today?
That's what I thought, until I looked closer, yeah, it uses the A5 chip, and so does the iPad 2, however, it is an entirely different creature altogether otherwise...
Except...
- iPad Mini has a higher PPI
- FaceTime HD camera which takes 1.2MP photos, does 720P videos, has face detection, and backside illumination (iPad 2 is VGA resolution)
- iSight camera which takes 5MP photos, has face detection, backside illumination, five-element lens, hybrid IR filter, f/2.4 aperture, does 1080p videos, and has video stabilization (iPad 2 takes 960x720 photos and does 720p videos)
- iPad Mini is supported on T-Mobile and Sprint
- iPad Mini has Bluetooth 4.0
- iPad Mini supports more cellular bands, including LTE
- iPad Mini has Siri
- iPad Mini has a lightning port (which can be a plus if you already have an iPhone 5 or later)
So really, the only thing similar between the two is the A5 chip, and maybe the amount of RAM?
All I'm saying is that it's still a pretty good tablet, and I'd totally pick it over the iPad 2 any day of the week.
^^This. AND:
• iPad Mini does AirDrop!
...Although it might have the same A5 chip that the iPad 2 has, it seems to be a whole different creature, in fact, it seems to be up to date w/iPad 4 except for the processor chip, which, is not a big deal, considering it does not have a retina display, and, the screen is smaller in size, so not as much power required for the display and fewer LEDs to backlight it, in the end, it has a smaller battery with the same battery life, but only needs an iPhone sized charger square, instead of the bigger one used for full size iPads (I was surprised to see this in the box!). ...both cams have the same specs as the iPad 4 released at the same time (which remains unchanged for iPad Air/retina Mini), plus all the things mentioned by KylePowers.
I got one, and it is a significant upgrade from my old iPad 1. I have an iPhone 5, and, while the iPhone 5 is a bit faster, for the most part this is barely noticeable. I'm very happy with it.
EDIT: one more thing, although somewhere I read that the iSight cam does not do HDR, with iOS 7 it actually does. The only thing it doesn't do w/iOS 7 is the live filters in cam, but they are there after taking pic when you edit it.