I'm happily using my iPad at home and while traveling. I like to play music from my iPod collection while googling, etc. in bed or on a couch. I had fun creating a slide show from my saved images in Photo, using the Keynote app. Keynote and Pages have great tutorials that make it easy to get started.
(They don't have the full functions of PowerPoint and Word, though.)
For touch sensitivity (reply #101) just beware of putting three fingers on the iPad at once, whIch throws you into zoom mode. My husband didn't realize that had happened while he was playing a game. It's really, really hard to get to the restart slider when zoomed out!