When I started this thread, I posted what I thought were built-in obsolescent flaws of the announced iPad Mini. Since then, I've watched posts here and online - pro and con - about the new Mini.
My main beefs still are that the Mini uses obsolete technology in the processor and screen. For a photographer, it lacks sufficient resolution for critical examination of digital photographs. Even worse is that Apple already has access to more advanced processor and screen technology, and uses them in other iPads. That makes me think even more that Apple is using consumer's loyalty to their products to profit from obsolete technology in the 1st generation iPad Mini.
It's OK to make a profit. But my engineering sensibilities tell me to make the best possible product you can with the best available technology and sell it for a fair price.
So I'm following SJ Mercury News columnist Troy Wolverton's advice to hold off until the next generation iPad Mini, which should have the missing features long about next March. I agree with Wolverton - if you don't have a crashing need, you should wait.
I'm more tempted by the refurbished 3rd generation iPad at $379 for 16GB WiFi. That's just $50 more than the obsolete iPad Mini.