Have not touched, seen or experienced one but I really want an iPad.
It is amazing to have an iPad. Especially for the kids.
This is how I see digital magazines / media will look like on the iPad in the near future (they already do apparently).
Spyker Formula 1 Magazine 2007
This is all flash but ‘imagine’ this being triggered on the iPad with your finger. There’re supposed to be video in there too but they don’t seem to be enabled due to the magazine being offline.