As prophesied in my previous writings on the subject of iPad, my Dad purchased an iPad over the weekend. He's absolutely tickled that he's got a "computer" that's all his and that he can actually use.
He coined an absolutely brilliant term for the device. He calls it his flaptop, originally as a portmanteau of faux + laptop, but also because the Apple case has a little folding flap on it for to cover the screen.
Parenthetical aside: As far as I can tell with a 2 second Google search, he's the first to use that word (at least in this context), so I'm memorializing the event here on the interwebs for all succeeding generations to see.