Do you really think the iPad having an IPS screen makes up for the mountain of stuff a Netbook can do that an iPad can not?
Advantages Netbooks have over the Ipad: performance, storage, keyboard, battery life, larger screen, OS, programs that can run on the OS, hundreds of dollars in money saved, can work with all peripherals that work with a PC. You can get a $300($279 after mail in rebate) Netbook that runs Windows XP, has 14 hours of battery life, a 10 inch screen, and a 160GB hard drive.
Advantages Ipad has over netbooks: The screen has slightly better colors, you can touch the screen, Apple logo
I rest my case.