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I think a 7" tablet from a reputable supplier will tick all the boxes for a lot of people and should do well, but if they price it in iPad territory or higher I think it'll struggle, and relying on carrier subsidies seems to be an uncomfortable area for tablet buyers - just look at how the Dell Streak has failed to set the world alight...
Let's not forget that the iPad was widely touted as being around the $800-$1000 mark by all kinds of 'experts', analysts and pundits before Steve Jobs dropped the $499 bombshell back in April. I'm sure Samsung will pitch the Galaxy at whatever price they feel it'll do best at, when it becomes available.
Cheers, Pete
My iPad costed me $1200. I simply love it.