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Although the iPad probably would need a larger vibration motor (or maybe two iphone motors), I think it would be nice for news alerts or whatever. Also, if i am in a work meeting, I would like to know when i get an alert without interrupting the meeting.
Posters above say that you would only now if it vibrates if it is in your pocket(which u obviously cant do with an ipad) but u can hear vibrates still so why not have it on the ipad.

Also, WHY NO VIBRATE ON THE iPOD TOUCH?????
 
The vibration motor would have to be far more significant than what the units you can cram into a phone or small tablet. With Apple trying to bring better vibration motors in their iPhone I doubt they would be happy with a simple one in an iPad.
 
They will have to include a taptic engine if they do 3D touch which im sure is coming sooner or later.
 
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