I have a MacBook from work so I do compare them. It’s a worse user experience. No touchscreen, screen is lower and further from my eyes. It’s physically less pleasant to use. There are also some use-cases I can’t even do with the MacBook form factor - eg. on planes, I mount the iPad on the seat in front of me so I watch movies at eye level. Sometimes I hold the iPad in my hands when in pure reading consumption mode.