Don't assume that all our life circumstances and values are the same.
It's an over-hyped extravagant waste of money for some, a life saving game-changer for others.
True. The iPad will save me more money than it costs. For instance, instead of one $400 guitar amp with very limited functionality, I'm using great modelling software + guitar accessory for < $100. And, I don't have to lug around an amp!