I think for what it can do and the price points, its a really well thought out device. I had a dell mini 9 maxed out (2GB/64GB SSD) with 10.5 to supplement a portable mac and i sold it in less than 2 weeks! It was too cluncky, crappy keyboard (even with the upgraded int'l one), tiny trackpad... it couldnt stream netflix.
This device on the other hand will be an ebook reader. Better than the kindle or the nook. I think its similar to many of the android based tablets that were announced at CES.
Portable surfer, already has iphone app support. Can give presentations with a vga out too? I think its pretty spot on. Congrats to apple for yet another well thought out gadget. And no, im not an apple fanboy but I do appreciate a well thought out product.