Some may call it a glorified iPod touch, and they would be right. The iPod touch is possibly one of the best products ever created. The iPad promises to be even better.
If you like to read or are somewhat of a news junky, than this is the product for you (and me). A Kindle may have the eye pleasing e-ink, but it is only in black and white and Amazon only sells English language books. If you are sophisticated enough for a Kindle or iPad, you probably read in more than just English.