Does your normal laptop run one application at a time and have no Flash support? The decision to keep the OS the same as the iPhone is a killer...they're practically forcing people to go to the App store for anything interesting. The iPad should be able to have the same functionality as a laptop, battery be damned.
I can read books on my iPhone...I do already. "They have an App for that." I don't see what this offers to anyone who already has an iPhone and looking for something more.