video Review: iPad mini gives you most of an iPad at half the size
Don't confuse the "mini" in "iPad mini" with "lite"--with the exception of a Retina display, this slimmed down iPad gives you the full iPad experience, including access to over 275,000 iPad-optimized apps, in a device that's about half the overall size and weight of the standard iPad.
Most of the full-size-iPad experience in a smaller; lighter package; All existing iPad apps run natively; Wireless capabilities and cameras on par with fourth-generation iPad; Very good performance; Incredibly solid construction and beautiful design
No Retina display; Some apps and websites feel a little cramped on the smaller screen; Landscape keyboard is too small for easy touch-typing