I wouldn't design a new product for ipad 1 users. The tech is too old to invest any time into it.
How old do you think it's reasonable to support tech for nowadays? Bear in mind that the iPad1 was released just three and a half years ago, and was then updated a year later. iOS 6 has only been around for just over a year. So are you suggesting that the maximum life span for a $500-800 piece of tech should be 2 years? Or 1 year? I'd protest at even 3 and a half years, personally.
Mail app worked out with Imap, but still!
But, the ipad 1 is already 4 years old. That is pretty old when you consider how quickly the market moves.