Ok so I hate describing a piece of technology as "magical", it's like describing a religion as "optimised" , it doesn't make any bloody sense. Though i have to admit that there is something... "charming" about the iPad.
I know there are all the arguments in the world as to why this should be a terrible device, that it isn't as "fast" as other devices or that its a closed system. But if your worried about the GHz of the processor, or the RAM, then your missing the point of technology as a whole now.