There's one reason I'd want a stylus on the iPad (or any other tablet device), and it's not for handwriting.
It's for sketching. Diagrams, wireframes, or just a squirrel in the park. Give me a simple sketching program - think Painter Light. Let it synch to a repository on my desktop. Let me use the tablet as an actual tablet via bluetooth when I'm actually at my desk.
I would probably pay bank for that.