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I think it's still a year off until we see real competition for the ipad. I bought a Pandigital Novel a few months ago and hacked it into a full android tablet with google market and all the apps I can install. It works for me, but I know that's not for everyone, and it's still lacking in some major ways.
I think flash is the ipad killer, and until we get tablets that can support flash out of the box, with full market integration, the ipad wins -- no matter how much it costs. I'll be trading up when we get there, but until then, I can't see paying $400 for something that may, one day in the future, do everything I want if I hack it into submission.
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