It’s a gap-filler. A few niches have been created where the current offering of gadgets is inadequate for whatever reason, and the iPad can cater to many of them.

The iTab isn’t a replacement for anything Apple is selling right now. I’m not buying one, and I’d be surprised if many of my friends do. I simply don’t buy Steve’s claim that the iPad does things the iPhone and Macbook do – but better.

But I do think Apple has the opportunity to take hold of new and developing markets.

Steve Jobs gave a small private presentation about the iTunes Music Store to some independent record label people. My favorite line of the day was when people kept raising their hand saying, “Does it do [x]?”, “Do you plan to add [y]?”. Finally Jobs said, “Wait wait — put your hands down. Listen: I know you have a thousand ideas for all the cool features iTunes could have. So do we. But we don’t want a thousand features. That would be ugly. Innovation is not about saying yes to everything. …