I have an iPhone, and I love it. But hate both ATT and Apple. The hardware is really nice, but apple crippled the iPhone on purpose. Only after jailbreaking it you get to see its potential True multitasking and access to more stores instead of just the Apple one. Plus you get to use your phone as a external hard disk. Plus you get a camera.
However, I seem to miss the point of getting an iPad. I cannot carry an iPad on my pocket, nor make a call, nor take a picture, nor use GPS nor use a 3G network while on the go. Its single task, with no jailbreaking available (so it will stay single task), No USB port. Grossly overcharged accesories from apple. For example the power supply on an iPhone is $50 when bought in the apple store, but you can buy a chinese clone for $6. And the work the same.
Thisis not a notebook killer. Heck is not even a good notebook. So that leave their only purpose, reading magazines an books. So lets see how it compares with a kindle. It has color and is capable to play movies. In this apple wins. But the kindle screen has no glare. The kindle battery can last 1 week with a charge. The kindle is cheaper and most important. The kindle has FREE 3G access to download the books.
So in my bold opinion, at this moment, the iPad has only value to the member of the iCult and to people driven by hype.