I know it's not out yet, but family was having a discussion about it last week.
From what I've read, the starting price for the iPad is $500, which doesn't include 3G cell capability. For that, it costs $150 more ($650 total,)[/edit] for the device and $15/month for service. You don't use the 3G for a phone, but rather for access to the net.
First, let me comment about how people are talking about the iPad vs. Kindle. My wife and I have a Kindle, and let me tell you that it's much more like reading a book than staring at a computer. That means that you can read for hours and not get eyestrain. With that in mind, I think the iPad would be a bad ebook reader because staring at your iPhone/iPod Touch for hours would give you a headache, I would think. Not to mention the Kindle's battery life lasts for days and weeks, not hours.
Second, it's no more than a giant iPod Touch with 3G access. That's all. It's like a tablet PC with the iPhone OS. Why would any current iPhone/iPod user buy one?
...My Dad says that he thinks it's going to be a big flop. What do you all think?