Haha, this is a useless product put up by Apple. I'll be interested to see how their stock trades tomorrow. :laugh
Everyone else has pretty much summed it up. This is not a tablet. A tablet is something you can write on... this you can't write on, unless you sharpen your fingers or something.
Will this challenge the netbook? Nope. The largest segment of netbook users are corporate users who are embracing cloud computing. A netbook is light so it's easy to carry around, they have a small HDD so you need to store your data online, and they have the requisite ports (display output, USB for mouse and keyboard) so you can run presentations from them. With this piece of junk, you can do nothing.
This product is like the Macbook Air--all hype and extremely gimmicky but only someone with a ton of disposable income to throw away (and of course, the barrage of Apple junkies) will end up buying this. At least the Air was phenomenally thin and ran a real OS.
I'm disappointed... I was hoping for at least an iPhone software update or maybe details about the iPhone 4G.
sohum added 1 Minutes and 51 Seconds later...
As for 3G, at least you aren't locked to a contract.
Actually, I think you can even insert your own GSM card and use it... so that's a positive. However, the no-contract with AT&T makes me wary about whether AT&T is indeed moving forward on their agenda to cap unlimited plans. No contract means they wouldn't need to break their contracts to implement that cap.
Another positive is the decreased price point. This is either a reflection that Apple realizes this product is crap or (hopefully) a general tendency towards more suitably priced products for the market.