but but but
You can also buy a 15" laptop with better specs than the top end iPad for less cash than the entry level iPad. THIS SHOULD BE A MASSIVE CLUE THAT YOUR COMPARISON IS BROKEN.
If what you want is a device with a big enough screen you can hold in one hand and which lasts all day on a charge, someone saying "you could have bought a laptop for less money" is as useful and violence inducing as someone else pointing out how lame your laptop is compared to their cheaper desktop.
Back to the point, It's pretty clear at this point from the me too products that are starting to appear that iPad pricing is unusually aggressive.