Take note of parent! It's an important posts!
Because it is exactly wrong.
This is exactly why the iPad has a chance of success: It's not about the features, it's not about more capable netbooks, just as it wasn't about more capable phones being available back with the iPhone. If the iPad delivers the features users want then that counts magnitudes more than a netbook chugging along trying to open Photoshop with limited resources.
There's a core group of /.'ers that'll never wake up to this though, that sees the world in black and white and therefore must hate whatever device that doesn't do everything. And bless all those nerds, this simply isn't a device for them. What matters is if the iPad can enable tech-illiterate people to easily create documents, easily browse the web, easily email people, and maybe even discovering an app or two along the way. That's a powerful promise, that's a recipe for success,. Just like it was for the iPhone.
(caveat: Whether or not the iPad will actually succeed remains to be seen, but it doesn't hinge on whether or not a netbook might be capable of more. That's not how the market works (see: the iPhone) and it is imo a damn narrow-minded attitude to put forth)