Now don't get right me off too quickly. I don't belong to the "it's a giant iPod touch/iPhone" camp and I don't even agree with Boing Boing's article on why you shouldn't buy an iPad. I have been thinking this through for a while over the past week and even though the flourish of iPad articles and excitement over the past few days has had me itching to be an early adopter, my own logic dictates that I should wait for the following reasons: 1. Lack of Camera: One key missing feature that's keeping me from buying the iPad is its lack of a front-facing camera. This is a must for me. I video chat often and when that I saw the overwhelming evidence in the SDK that video chat was indeed at some point planned to be in the iPad, I knew that I will be rewarded with this feature if I wait. It's coming and it was there at one time. It's not like I'm asking/wishing/hoping for Flash or a USB port. There is the potential for amazing new Apps that could take advantage of this missing feature. If on the other hand, had it had a front facing video camera, I would have pre-ordered one instantly. 2. It's only the beginning. The iPad market hasn't even started yet. Again, based on my past experience with Apple, they could very well lower the price in a year. I bought an iPhone after the $200 price drop. Who know's whats going to happen with iPad sales in the long run. Remember that the original iPhone had people lining up too, and many were sold at launch. I think more would have definitely been purchased had people has the option to pre-order it. However, the $500 price tag is not the defining reason for me deciding to hold off. Plus, there are so many possible features coming in the pipeline that could influence my decision for which model would be necessary. (ei. Lala acquisition = Music in cloud, iTunes Video subscription service, iPhone tethering to iPad?) 3. iBooks, Print Media, Video. Now that CBS, Netflix, and ABC have all jumped on getting there video up and running. It won't be long until the rest of the major networks follow suit. The iBookstore will only have about 10,000 books at launch and most print publications haven't been deployed to the device yet. As a college student, I see the iPad as potential huge money saver for textbooks. I believe that in about a year it will be economically feasible for me to get one and save money on books. But, right now I'm not ready to have a device that I paid half a grand for just sitting next me and knowing I could have all my text books on it in the future. 4. iPad App Price: We were all there before. Remember the initial prices of Apps for the iPhone? 99 cent apps were almost none-existant. Right now, it looks like iPad Apps will cost between $15-$40, but I believe over time that price range will drop significantly. I can't justify paying a lot for a app that has mass market appeal for a device that cost me $500. I love the iPad. I see it as a game changer and I believe in its future. I'm just going to sit back, relax for a year, and watch the iPad ecosystem develop into something amazing. So that when I buy rev2 of the iPad, I can jump right in to the cost efficient and more mature iPad ecosystem. I have nothing to lose and that much more to gain from the iPad if I wait.