I am sorry but I guess I need to wait for AirPad2:
While this is pretty good 1st stab at a $200 Tablet it is missing a few key features:
1) BlueTooth
2)GPS- Android Google Navigation
3) Hgher Rez Dislpay
One can pick up Dell Streak 7 at various times for $199 and it at least has GPS & Bluetooth but still has low 800 x480 ( phone display)
I also looked at the Dell 7" Streak. I think what it comes down to is you have to compare "apples to apples".
The Dell Streak 7" (WiFi only) is $350 ... currently discounted to $300. That's still 50% more cost that AirPad. If you really need BlueTooth and GPS embedded, go ahead and pay the extra $100-$150 dollars for it. But you still have the lower res. that you don't like for some reason (which I don't quite understand since the tablet is smaller ... seems about right to me).
The Dell Streak 7" with WiFi and 4G is much more expensive because you have to pay 2yrs. of Data Plan charges ... what is that ... about $800? So, T-Mobile picks up the bill for most of the cost of the device or the device is $450. And maybe you don't like T-Mobile?
It all depends on what you need and are willing to pay for it. I think the AirPad will appeal to many people.
Hopefully, we will eventually get BlueTooth and/or GPS abilities on AirPad with external devices and users can buy them and use them if they need them.