There IS Innovation in Tablets; Even if there wasn't, Grid is Not the Answer
carrypad.com
carrypad.com
But I think the author's point about how much was spent on the presentation is probably going too far. That sliding 'grid' in the video I'm sure didn't cost them much at all. Having said that, the presentation shows VERY poor showmanship.
I don't think much of Apple products are 'magical and innovative', but there is not question that they are able to put on a convincing show.