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I would not buy one for my own use, I need the larger size for my primary uses of comic and magazine reading.
However, I might buy one for my daughter. I think an iPad Mini is the right size for her, but the combination of the current price and screen resolution just isn't worth it to me. I don't want to pay more than half again the price of a Nexus 7 for something that's not at least equal if not demonstrably better in every way, including screen resolution.
Putting a retina display on an iPad Mini would bring the value more closely into line with the price, and that's always a good thing.
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