I take issue with the term "ripoff", as it suggests some sort of malice or fraud. Something being grossly overpriced can be called a ripoff, and I guess the case could be made the iPads are overpriced. But to me, you can't be ripped off is someone OFFERS you something, and you CHOOSE to buy it. It becomes a ripoff if they hid something from you, and you found out after the sale. You were ripped off.
Here, Apple is offering iPads for sales in several configurations at several price points to appeal to different people. You can choose to buy or not buy. 16GB is a very popular configuration. Many people don't need more than that, others can make do, others can't afford anything else. I just don't see the ripoff part. These things are selling like crazy. If it was "grossly overpriced", they would not be selling. But they are.
Do I wish I could buy Apple products cheaper? Of course I do. Is Apple ripping me off? Of course not.
Its the ONLY difference between the models. The first 16GB cost as much as a 128 GB SSD in retail, the first 48GB as much as a 256GB SSD in retail.
The definition is:
rip-off (rpôf, -f)
n. Slang
1. A product or service that is overpriced or of poor quality.
2. Something, such as a film or story, that is clearly imitative of or based on something else.
3. A theft.
4. An act of exploitation.
The amount you pay extra is for storage and purely storage. The storage price is way overpriced, thats fact. Its a rip-off by definition.