Image by Daniel Semper via Flickr
There's a bagel store and deli near where I live. I never go there. It doesn't seem to have any bagel credibility because they are also a deli, and it is not really a deli, because what right minded deli in New York pushes bagels over rye bread. So even though it is the most convenient store to my house, I don't go. I haven't even tried it.
The Apple iPad seems to suffer from the same syndrome. Don't get me wrong, from a feature, functionality stand point it's pretty slick. But if I want a reader, the Kindle is #1 in that category followed by the SONY Reader. If I want a portable video viewing, web surfing device, I may opt for a mini computer like object.
So the iPad is left being vague. It's why Fred Wilson in his leading VC blog called the iPad an interesting device to mount on his elliptical, so that he can watch video and surf the web while exercising. The iPad is a device without a purpose. Something that is "cool" without being clear.