I guess it's the same as with every product ... depending on your personal needs and wants, very few product will completely satisfy you, but somewhere out there there should be a product that works great for you.
Nevertheless, I hazard the guess that the new iPad will work for *a lot* of people, be it those who already have an iPad and are eager to upgrade, or those (and that is the vastly larger group) who have so far not bought an iPad.
So simply given the technical specs and the new videos available at
www.apple.com I foresee (no big risk on my part here) that this item will sell like hot cake. Why? Because it's basically a solid machine for those who are in the target group (potentially not people wanting an e-reader, as there are lots of lighter, cheaper alternatives with and without e-ink displays out there that don't have significant disadvantages
as an e-reader).
Nevertheless, those who want to use an iPad for web browsing and using the apple apps (IMO the biggest advantage) and simply want a machine that works once they turn it on, will most likely be quite impressed by the new screen, and as the prices were not increased, this means that the item itself becomes more desirable.
And let's not forget, whatever perceived disadvantages the iPad has for a specialized group of tech savvy consumers (closed system / no SD card possible etc.), for the vast majority of the populace it has one simple advantage. IT WORKS. No much hassle in set-up, intuitive handling, consumer-driven experience, bazillions of apps available.
It was not the first tablet PC that was around, but there is a good reason why the original iPad practically created the segment "Tablet PC" (as the first iPhone created the segment "smartphone" referring to a non-ergonomic piece of telephone that nobody thought you would be able to make phone calls with when it was originally presented). Of course, marketing hat as much to do with it than "understanding customers requirements", but it would be stupid to underestimate that.
So, in a nutshell, I don't see the iPad dead yet, quite on the contrary, with this new device I guess there will be a new enthusiasm to buy and use it.
Best regards,
Andy