For me, the iPad is definitely out of the game point of view of applications, ease and freedom of use, design and even finish.
No strings attached, simplicity for the less savvy of us, and malleability for the addicted and most hackers.
Honeycomb (Android OS V3) is just waiting to evolve and we feel, especially from the point of view of the android market, everything is exploding. The few lags or application crashes (few) are only youth concerns.
Technically, it's catchy and fast, aesthetically, is well mounted and well finished, despite full light visibility problems, this is definitely among the best of the moment, and certainly the best compromise and the best quality / prices on the market today.
Test it, and it will not leave you. I was wrong to do it, and he follows me everywhere now.