Just a few cool features: searchable emojis by typing in what you're looking for, glide typing -LCB- if you fancy that -RCB-, easily accessible GIFS, and an embedded google search! (iadorewhatilove.com)
As for the price and features, well I admit iPad has a few cool features but I'd stick with computers for now until Apple and / or other ereader manufacturers actually improve on the features / performance / price / etc.... I'd recommend buying a netbook - cheaper and more to offer than iPad. (hubpages.com)