Hm thanks. That's the exact path we are taking.
I like the concept of the iPad; the problem was, for me, the keyboard - the keyboard gives you a physical way to type instead of a touchscreen-only one (I found the iPad's giant touch keyboard to be very cumbersome), and also provides a base for the screen to stand on, at an angle. Sure, you can get Bluetooth keyboards with laptop-style cases, but it's just not the same. And since so many things are online (forums, Youtube, Gmail, Evernote, Todoist, etc.), it wasn't a huge loss for me not to have the apps, since I still have them on my iPhone, plus the 11.6" size of the Chrome keeps it in the same "small size" range as the iPad.
Also, a couple notes about the Acer. For starters, they do have a more powerful i3 version available now, which isn't heavily publicized. So if you do want something a little beefier, you can get the i3 + 4GB RAM version for $320 on Amazon:
http://www.amazon.com/Acer-C720-3404-11-6-Inch-Chromebook-Granite/dp/B00KOUIZBC/
Also, because the C720 series is Intel-based (not sure if this runs on ARM-based Chromebooks), you can run Arc Welder, which lets you run a truckload of Android apps:
https://chrome.google.com/webstore/detail/arc-welder/emfinbmielocnlhgmfkkmkngdoccbadn
For example, my smarthome system (Wink) only has apps for iOS & Android, nothing else, but that system lets me run the Wink controller app on my Chromebook, so I can adjust the thermostat or turn on lights right from my laptop. Pretty nifty!