Look up the Notion Ink Adam. It's supposed to have flash, multitasking, a camera, run on Android and have 2 times the iPad battery life all starting at 325 dollars.
It also has a screen that is both like an ereader ink screen AND a full color one.
This is what I may buy. And I am a total apple guy. But if I can't listen to Pandora while I surf, or watch Netflix or Hulu, or my sites have huge holes in them...then WTF Apple?
Multi-tasking is a simple OS update away for this thing, so I wouldn't worry too much about that one. As for netflix and hulu, both are working on apps for the iphone (which by default will work on the ipad) and the rumor is that netflix in particular has had an app ready to go since late nov early dec, but held off at the last moment when rumors of the ipad started to fly, and are working to fully adapt their app to work on the ipad.
Also, there html5 war is heating up. Youtube has officially started to put up html5 videos:
http://www.youtube.com/html5 and several other sites are looking at shifting to it prior to it's official acceptance. This is interesting when you hear that Adobe (makers of Flash) have been waging a war against it and have done everything they could to hold it's adoption up, including getting it placed on open ended hold:
http://ln.hixie.ch/?start=1265967771&count=1
Edited to add: it also has 3 usb and an HDMI out and it does 1080p!
Why would you need that in any PADD type device really?