To each their own, but to me and most tablet users, the new iPad at full price is a much better deal than that.
People will say anything to justify their expensive purchases. I have to say, I take it for granted every day that I have this tablet that does anything another tablet does, but I only paid $150 for it (the 32GB model). It's truly amazing, because after so long, prices have not come down to match it. $100 or $150 for a 9.7" screen.