The new iPad is running a version of the software that runs the iPhone (which also powers the iPod touch) which means this new device isn't a traditional computer and is unable to do multi-tasking or run OSX applications, but it does have a media player which when coupled with the iTunes store you can buy and rent movies that can be watched anywhere you take it, like on holiday or in the car or on a plane.
The device is very light and thin and has a 9.7 inch screen, so unlike the small 3 inch screen on the iPhone/iPod Touch watching films, or any other task the device is capable of, should be much less strain on your various body parts.
There are two other things which have sold this device for me, one is a fantastic looking case that when the lid is flipped over becomes a stand, so if you are sitting on a chair you can just pop the thing on a table and you have a stand and hey presto comfort (see picture for illustration). Next is the price, although no UK or European price has been announced the US price for the low end model of 16GB is $499, so maybe about £400 - £500 in real money, that's a bargain.
No release date for UK yet but US has 60 - 90 days to wait, so maybe get that pal in America to send one over for you.
Check out Apples website for more info.