Drac
Ah so in 5 years time the iPad will be more practical, that's good to hear.
Well, I was actually being conservative – I think TBH it'll be less, with most of the major websites that people actually use a lot dropping it well before that. Good riddance too, the HTML5/h.264 combo is a much better way to deliver video anyway and i for one won't miss the CPU load of badly-written Flash apps.
Heathen, I think it could be great, but I'll reserve judgement until I've actually seen one: as is said here, it seems you really need to use one to get the full picture. It certainly has a lot of potential for the academic market and for education in general, as well as a general-purpose surf/entertainment device. Also, I think we'll see some interesting applications coming out between now and launch. Time will tell.