I get 90% of my news online.
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Some negatives to consider:
1. No apps that have not been approved by Apple. By which I mean, you can't download your favorite apps off some web site somewhere. You are strictly limited to the app store.
2. No camera.
3. Microphone, but apparently... no voice calls.
4. eBook reader only through iBookstore. No word about loading your own books/PDFs.
5. Network is GSM-based. That rules out Verizon for your choices.
6. No multitasking. This isn't OSX. It's not a laptop. Or a mini-laptop. Or even, apparently, a netbook. It's the stripped-down iPhone OS.
7. 16 GB for $500. 64 GB for $700. Some are complaining about the price because of the limited functionality.
8. No video out? Does that docking station allow video out, or is it just for the keyboard
I am thinking that if this ran OSX rather than iPhoneOS, it would be much better. I also don't like the idea that it is a closed system. I want to be able to install the programs I want to install. It is very, close to what I want. Let's give it a few years and a few hacks to see where this goes.