The ipad is really a hit or miss with each individual.
As kohweeloon has pointed out, it is very useful as a news/magazine app. I mostly use it for magazine browsing which on the ipad is great due to its vivid screen. Not to mention, I also load in my photog portfolio in it to show it to others when necessary.
I do sit down at starbucks to have a nice coffee and read my e-magazines while waiting for friends and definitely not to attract attention etc haha
Haha vivid screen, if Samsung ever releases something like an iPad with their AMOLED screen, your iPad will look ugly ;p