I always thought a tablet was some kind of small table...

Puns aside, I love my new smartphone (HTC's Explorer.) I really didn't think I'd take to it as much as I have, considering I have half a dozen desktops and laptops distributed across the house already, but where I would before tether myself to the nearest computer to look up some trivial fact, I can now do it from the convenience of my sofa/bed/loo and without anywhere near the same loading up times. Great for looking stuff up on IMDB or Wiki, and with the added benefit that you can then pass the device over to whoever you wanted to show it to (much simpler than hoisting a full laptop around.) It doesn't replace my computer for real work and gaming, but it does fill in all the little niches I didn't realise were there all along.

As for "tablet" tablets like the iPad... well, it won't fit into your pocket, so I can't see them being as useful as an Android or iPhone, but good enough for a coffee table to replace magazines and laptops.