Hi guys, I was just comparing the models and I made this quick sheet which contains the main differences between the $329 iPad mini, the $399 iPad and the $499 iPad with retina display (fourth generation). As it turns out, the iPad 2 is an extremely bad buy unless you absolutely want an iPad with a 9.7" display, but are not willing to go for the $499 Retina Display model. Here is the 'sheet' I made which, I believe, covers all the main differences between the $329 iPad mini, the $399 iPad 2 and the iPad with Retina display ($499 model). There are three main differences for all models: pricing, dimensions & weight and the display. The pricing goes from low to high with iPad mini being the cheapest and the iPad with Retina display being the most expensive. The iPad mini is light, thin and small, while the iPad 2 is big and light and the iPad 3 is big and normal/heavy. The iPad mini display is actually superior to the iPad 2's display. It's got the same resolution as the iPad 2, but the pixel density is higher. This means text and images look sharper and crisper on an iPad mini than on an iPad 2. Also, there are seven other differences: chip, FaceTime, iSight and video recording, 4G LTE, dock connector and Siri. The iPad with Retina display has the most powerful chip, while the iPad mini and iPad 2 have the same chip. In the other six areas, iPad mini scores equal compared to the iPad with retina display. iPad 2 lags behind in those five other areas. My buyers' advice If you want the most powerful chip and a Retina display, go for an $499 iPad with Retina display. In any other case, I'd settle with a $329 iPad mini because the iPad mini's specs are superior compared to the $399 iPad 2's specs. The onliest advantage of an iPad 2 over an iPad mini is its bigger 9.7" display, but in all other areas the more expensive iPad 2 lags behind the cheaper iPad mini. Also, something to consider, the iPad mini has got a brand new design: the black one is anodized like the iPhone 5 and both models have this diamond-cut chamfer edge. I hope this post helps someone who is having trouble deciding between an iPad mini and iPad 2.