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You can't compare iPad with e-ink, it should be compared with Kindle or sony reader. If you compare iPad and Kindle, sure iPad wins, Kindle is closed and is only purposed for Kindle copyrighted content reading, so their capabilities are completely different.
But if you compare LCD/OLED or whatever monitor with backlight with e-ink, E-ink sure wins in easy eye reading and power saving. What an e-reader needs is a good software, but till now since all the e-ink reader's vendors keep their environment closed, and provide very preliminary app, so no user ever experienced full advantage of e-ink.
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