Apple iPad Mini

Pros: Love the size
Excellent fit and finish
Looks great, performs just as well

Cons: None so far ... but read my usage of the product to get perspective on this.

Summary: Here's a little context to my evaluation above.

This product replaces an iPad2 which I hardly used because not long after getting it I also bought a 13" Macbook Air. I just found the size of the iPad2 awkward to handle and my Air is so light and convenient (with a full keyboard and speakers) that it rendered the iPad obsolete.

On to the Mini:

I instantly fell in love with the form factor. It's light and easy to handle one-handed. Unlike its big brother you can move around with it without always being afraid of dropping it.
I know it's been blasted for its screen, but since I never owned an iPad with a retina display I feel it performs just great. Text might not be as crisp as on my iPhone5 but the size difference negates that advantage.
My iPad usage consist primarily of reading my Tweeter feed, news and sports website and a few subscription magazines. I also use it to watch the occasional movie trailer, Youtube video and browse the web, so performance of the "chip" is not a big issue. It performs very well for what I do.

So contrary to what M. Jobs might of thought of the iPad Mini, because of the size I find myself using it much more often than the bigger version. It's small enough not to be cumbersome and big enough not to be a strain on the eyes. Now when I'm at home on the couch I reach for my Mini instead of my MB Air or my iPhone to read up on the days news and events.