Cons:
- No multi-tasking
- No Flash support
- 4:3 aspect ratio (1024x768 resolution)
- Not True HD and no support for 1080p
- No camera (front or back)
- No USB ports (USB adapter is only for cameras)
- No expandable memory (even 64 gigs seems relatively small for something of this caliber)
- No removable battery
- No pico projector (hey now...)
- No HD output (1024x768 only) and no HDMI output
- Lame name (iPad? not iTablet, iSlate, iGlide, etc.?)
- No pen input (useless for signatures, taking written notes, drawing, etc.)
- No cool curved thumb-access touch keyboard
- No Pixel Qi screen or any kind of E-ink (reading a book = staring at a backlight for hours on end)
People are complaining about the bezel, but I love it - not aesthically, but for usability - finally someone was smart enough to build in a place to put your fingers
Edit: "Support for 1024 x 768 with Dock Connector to VGA adapter; 576p and 480p with Apple Composite A/V Cable, 576i and 480i with Apple Composite A/V Cable"