In the office environment, if you're on the company network, you have a keyboard designed for the device, full IE and a full office suite w/Outlook. If you're a business person, Windows tablets are pretty convincing.
I don't see this thing competing with tablets in the consumer space, despite the terrible ad. The iPads and Android tablets have the consumer market pretty cornered IMO. As I said previously, there's nothing "fun" about Windows RT and it relies more on having an internet connection than apps.
Sounds like your talking about a Chrome book, lol.
I have an iPad and a surface Rt. I like both. The 4:3 screen on the iPad is better for note taking and portrait use. The Surface is great for using as a tablet or laptop. Is more compatible with all the office apps that I use at work.
If the iPad had a mouse or track pad and was able to run Microsoft office it would be a killer tablet.
Until then I will continue to bring both to work, neither is perfect. I can only dream about the day when one of these companies will listen and get it right.