- No on-board memory card slot
- No Adobe Flash support
- Closed OS--all apps must come from Apple store
- No camera--this thing should be able to do Skype out of the box
- No on-board USB ports
- No multi-tasking
This is because Apple decided to make the iPad basically an over-sized IPod Touch, not a shrunken Macbook. Myself, I'd be more interested in a scaled-down Macbook.
I predict this will be a disappointment for Apple, until they fix some of these flaws. Most people who would be interested in an iPad already have an iPhone, they won't see a compelling reason to get one.