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It depends on your tolerance for pain.
Personally, I own an iPad and I don't think THAT is very good for PDF and magazines either. But then, I have less than perfect vision.
What is good for PDF and magazine is actual full size printed paper. There yet to be a portable consumer device that makes reading PDF and magazines good enough for me.
Now if you're talking about reading stuff with mainly pictures in them, like comics or fashion magazines, then yeah the iPad is excellent for that.
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