iPad = iPod for giants?

Today Apple announced their much speculated tablet dubbed the iPad.  I'll admit it looks very sleek and it seems to be going down the same path as the iPod and iPhone in terms of interface, which I consider to be a good thing (I both an iPhone and MacBook), however therein lies the issue, is this going to be just an oversized iPod?

It has many of the same features as an iPod Touch, such as wifi, and will even feature a 3G option (additional cost).  It also shares many of the same applications as the iPhone/iPod (in fact you can use your existing iPhone/iPod apps).  There are some iPad specific apps which do look promising, and may just make this a useful device to own (in between your laptop and iPhone, which is what Apple intends), such as the iWork programs, making it a possible option for light business use.

Thoughts?  Oversized iPod/iPhone or a genius hybrid to use in conjunction with your current laptop and iPod/iPhone?  Only time will tell...

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