It's cool and all, but it still hasn't answered the #1 question any sales item needs to address: What -need- does the device satisfy? Aside from the need to have the latest shiny thing with an Apple logo on it.

You can't type on it easily, so anything that requires keyboard input is a pain in the ass. Unless you buy the separate keyboard dongle, in which case congratulations, you just bought an overpriced and crippled netbook.

You can read on it, but it's not an e-ink screen, so it'll be hard on the eyes and use exponentially more power.

Lack of multitasking means you can't even browse the Internet and update your fruity little blog with Pandora in the background.

However, you can run iFart in 1024 x 768.

Turns out if someone makes something you don't like, you don't have to buy it.

Apple addict early adopters will buy it and then realize a couple months later they've been reamed when Apple starts selling it at $195.

You've seen the IPad commercial MadTV put out? It's hilarious and it's on Youtube:

http://www.youtube.com/watch?v=8eF0y0IfpPU

I wouldn't use the word "hilarious" to describe anything I've seen from MadTV.

What "need" does a iPod fulfill? Look at the demos for Microsoft's Surface and you can get an idea of some of the cool things one could do. Tabletop games in general seem like a great fit for this thing, as do music apps. Something like Reason would be awfully badass on here.

As to the lack of multitasking-- is that true? The only source I've seen on that is speculation from journalists and commenters.