What's missing?
No JAVA support
No ability to import a DVD movie without using Handbrake or some other crack. (I already paid for my movies in DVD format - why can't I copy them to an iPad2 like I can with a CD I've already purchased)
No SD Card slot
No 3D camera (like the Nintendo 3DS coming out soon!)
Did I mention no JAVA support?!?
-Z-man.