4:3 is hardly useless for video. I've watched several 16:9 tv shows on my girlfriend's iPad and had no problems. I'm used to black bars from years of watching DVDs on 4:3 TVs, and still plenty of movies have black bars on 16:9 TVs when they're shot in a wider aspect ration like 2:35:1. I just don't see that as a big deal.
On the iPad I think the ratio does a pretty good job with A4 files--at least can use landscape mode as the text is a bit small in portrait mode.. And I love that the apps all work fine in portrait or land scape mode--which is tough to do with a really wide/narrow screen. So I'd really like a 4:3 screen, but 11-12" instead of 9.7--as then most A4 docs I have would be fine in portrait mode.
That would suit my needs perfectly. Is it ideal for video? No, but I'd seldom use it for that as I'd mostly rather stream video on my 15" laptop or just watch it in glorious HD on my 50" HDTV (and I don't travel all that much). A tablet I by would mainly get used for reading, net surfing and random apps.
Not saying 16:9 tablets are useless--they've very useful for people who mainly want them for internet surfing and video. They just don't fit my needs very well. But that's why we'll have a wide array of different screen types--everyone can find the tablet that fits their needs.
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