As I listen to this, I can't help but remember all of the buzz from the summer of 2006 when Microsoft's Zune was supposed to be an "iPod killer". Or how, a couple of years before that, the Segway was supposed transform the cities that we live in. Or how Bing.com was going to be a "Google killer".
I'm sure that the iPad will find a niche in the marketplace and be a profitable venture for Apple Computers. However, the buzz will soon fade. People will keep using laptops just as much as they do today.