Heh more despondency at the failure of speculation and hype.
So much of this thinking is based on perceptions of computers and their hardware.
I see Firemint has already announced they will be releasing software to take advantage of the new hardware as will the dev of Photogene. They are obvious deeply disappointed too....
As Jobs stresssed at the end of his presentation the iPad is a post pc gadget and needs to be judged on it's utility. Take a look at that garageband demo and think of the quality of software this device will now support.
I for one will be ordering one despite it being only an incremental upgrade :)