[ame="http://www.youtube.com/watch?v=AeDalRBjyJo"]YouTube- NEW! HP's Slate Device: A Full Mobile Experience[/ame]
HP slate

notable features that the Ipad doesn't have:
Webcam+Skype
USB slot
SDCard slot
MULTITASKING

is the iPad screwed?

basing on the video alone, It doesn't have the same "up market" look and feel of the ipad though.
Even if the specs are good, it will be seen as a bad copy of the iPad by most Apple fanatics and mainstream users.