I have now been in Apple stores twice and checked out the iPad mini and must say it is just about perfect. The perfect size and weight. My iPad 3 gets heavy to hold, and I think the iPad mini would be just right to hold for extended periods of time. it is so light and feels pretty well constructed.
I still think the price is way too high though. $250 would be a perfect starting place, and even $299 would just deel better than the extra $30.