We've been using ASUS gear for many years now so we are very pleased with this iPad competition! Aside from wanting to be the 3rd largest notebook manufacturer in the next 2 years, ASUS also wants to be the more open alternative to Apple. That means no closed platforms, no limiting functionality. And that's where the new Eee Pad comes in.
Two versions of the Eee Pad are announced, a 12" and a 10" model.
Here are the details: The 10" is the closest competitor
to the iPad. The EP101TC runs Windows Embedded Compact 7 (Windows CE based) and uses NVIDIA's Tegra 2. 1080p playback is supported which should be much easier to work with than on the iPad where everything has to be iPhone friendly...
The 12" Eee Pad is a totally different beast from the 10" version other than having the name in common. The EP121 uses a CULV Intel Core 2 Duo CPU and runs Windows 7 Home Premium. This is a touchscreen tablet PC rather than an iPad competitor. ASUS estimates up to 10 hours of battery life which seems to become the new standard for these things.