I am totally shocked to see first gen iPads going for so low on eBay. You can get Buy It Now's for $345. Auctions cheaper. I have a fourth gen 32GB iPod Touch that I don't find myself using except for email, eBay, AmpKit, Netflix, an occasional game and facebook. I could get $275 for it, because I have a couple cases and some accessories. Sure is tempting to sell it and get a first gen iPad. I'd be getting close to an even trade...hmmmmm. I got my Touch for less than $300 right after launch. I still have various iPods for listening to music, so 16GB is perfect for me. It'd be nice to get 3G though. But to have a bigger screen for Netflix, taking notes at college, much easier to use AmpKit, and many other things, I'm thinking of doing this. Any thoughts?