It comes down to Apps Versus Speed.
Delayed gratification isn't easy. The original iPad was a simple "pass" for productivity-minded folks. It didn't have cameras, it couldn't multitask worth a damn and there wasn't much in the way of content creation at launch. Now it's a year later, and the first webOS slate is due for launch in a month.
Buy Now: Sony PlaysStation VR In Stock Here
WebOS is famous for being excellent at multitasking. Palm / HP focused on making a productive tablet in the TouchPad, and it looks to me like they succeeded. But Apple hasn't just rested on their laurels this year. The iPad 2 is faster, smarter and filled with a bonanza of tablet apps.
So while the TouchPad may be better at handling multiple tasks, the iPad 2 is likely to have it beat- at least initially- on breadth of functions. Your iPad 2 will be capable of shooting and editing HD video. It can act as an instrument and mix / edit very complex musical tracks. There is a full set of iPad "office" applications, plus a mighty dual-core processor to make everything work that much faster.
The TouchPad has an edge in speed- a 1.2 GHz dual core processor over a 1 GHz dual-core, but the difference in perceived speed to the end-user is likely to be minimal. The TouchPad does have a full 1 GB of RAM, which will make it far better for handling multiple apps. But HP / Palm are unlikely to have more than a dozen or so tablet apps ready at launch.
So it really comes down to this: Do you want raw speed, or do you want a ton of apps to choose from? The TouchPad's speed comes down to more than how the processor is clocked. It is entirely gesture-based, like the PlayBook. Switching between open applications is simple and intuitive. Research, switching between the browser and your word processor and open PDFs or videos, will be far more convenient on the TouchPad. As long as you don't plan to do any heavy video or photo editing.
The iPad 2 will be available for purchase this Friday at 5:00 PM, starting at $499. The TouchPad is expected to hit stores in April. It is already listed on Amazon, although pricing and the exact nature of its availability are still up in the air.
How To: Buy a Pokemon Go Plus
If your main tablet tasks will focus around browsing, writing, sending emails and doing all of that as quickly as possible, the TouchPad seems like your buy. But if you need a tablet that can handle a wide variety of tasks- including image and video editing and photo/video shooting, go with the iPad 2.