Well, part of me is relieved that I won’t have to brave the fanboy line anytime soon. That said, the consumer in me might be on board one or two iterations down the line. Apple did a pretty good job against my end-user wish list, but I’m not seeing anything earth-shattering from a media perspective.
Book publishers seem to have a fair amount to be happy about – namely better revenue than they currently enjoy from Amazon, at least.
And The New York Times seems to be totally on board (despite the whole no-flash-video thing!). From what I can tell, they’ve struck a good balance between digital and physical consumption of the newspaper, but I don’t see the iPad saving newspapers anytime soon – failing due to both audience mass and a lack of imagination with regard to ad units. I think this stems from the fact that everyone has concentrated only on the audience side of the revenue equation. While I agree that the audience experience comes first, it seems to me that for a publication, which for the first time has seen more revenue come from sales than advertising (and, trust me, that’s not a result of circulation growth or subscription price!), there would be much more emphasis on demonstrating the value that the iPad edition has for advertisers. I was surprised that there didn’t seem to be a magazine demo yesterday at all.
Today, I just don’t view it as a legitimate fourth screen – insofar as it only provides another route into two existing media (Internet, and to a much lesser degree, TV). It might put another nail into the WAP coffin, but it doesn’t displace SMS and is not a legitimate contender for what print dollars still remain out there. At this point, all it promises to do is reproduce print ads in all of their 2-D glory in about a third of the space – there’s no way I’m going to pay extra for that or the limited incremental circulation this will represent over the next two years. Where’s the interactivity? Where are the parameters for rich executions? Where’s my measurement data?
There’s potential (beyond super-absorbency – sorry, had to do it) in the iPad to be sure, but it’s not there yet, and I can only hope that it will be a catalyst for things to come.

