Pros: Lightweight and portable
Cons: Kind of an expensive toy if you do not have a definite purpose for using it.
Carrying around an ipad2 is much easier than hauling my laptop around campus. I can take notes in class, check my e-mail, download ebooks to read, etc. I highly recommend getting the wireless keyboard for extensive note-taking. Also, with the right app, you can write papers on it. I do not regret this purchase.