A quick comparison:
iPad: iPhone OS. T91MT: Windows 7 home premium included, runs any other x86 OS.
iPad: No multitasking. T91MT: Yes. Even better with a $40 upgrade for a 2GB stick of ram.
iPad: Safari only. T91MT: Firefox and Chrome for me, oh, and it has flash too. IE is also an option but noone uses that :P
iPad: App store only. T91MT: Anything x86.
iPad: Has notepad. T91MT: can run the full version of Office / Onenote, Windows Journal is free. Best hand writing recognition, has math support.
iPad: SketchBook Mobile. Finger only. T91MT: SketchBook Pro, Corel Painter, Inkscape and lots more. Has stylus, only lack a pressure sensitive pen.
iPad: Dockable keyboard. T91MT: Convertible tablet.
After a few weeks of serious use, I must say that while having a touch screen is a major plus, you won't be entering a lot of text with the on screen keyboard. Seriously, even a longer url can take a while to write with tapping letters or writing and correcting letters, and complex passwords have a random chance to fail. I only use the tablet mode during note taking, browsing the read-only web, watching videos and reading pdfs in full screen mode, the speed difference in text entry is just too large. Be ready to bring the wireless keyboard with the iPad all the time.