iTunes is bloated and clunky.
Anyway, I don't get the iPad. I really don't have a need for an oversized phone - I already have a phone! It's also not a Netbook replacement. A solid Netbook is better at browsing the web (1024x768? Bleck), just as good of a media player, and has way more features built in. I just don't get what it's market is. It doesn't browse the web as well as a Netbook, it doesn't do email as well as a Netbook (clients like Thunderbird 3 blow mail.app out of the water), and it doesn't play media as well as a Netbook (Flash anyone?).
It's supposed to be a Netbook replacement, but it costs more than a typical Netbook and you get way less. I don't really see the appeal of that.
Now, if they had given this thing a slideout keyboard, a netbook remix of Mac OS X (so you could actually get full functionality from it, with a better UI instead), and a better screen resolution, I could absolutely see the value in it. But they didn't.