It's cool. It's snazzy. It's fast.
Everyone wants it; no one needs it.
No Flash? Bummer, yet liveable
No camera? Who cares.
Free apps galore (including time and weather - they have this App Store thingy which is great).
No printing? So what.
Now, a big problems for me is that it requires more power than a standard USB port (PC, laptop) can support. Apple decided that the USB specification was not to their liking. So, I can only charge the iPad with the wall adapter, which can be inconvenient.
Why not use the iPhone or iPod Touch adapter? Oops; they don't work.
And I LOVE the iPad. Great e-mail app; typing (landscape mode) is great, web browsing is wonderful and reading eBooks has never been better .