> As a means of vegging out and consuming - video, and in particular newspapers, magazines and comics, it is peerless
Which is what most people (me included) use it for. Also for kids to play/watch movies on a long trip. It's a tablet's only really convincing use case, one where everybody has to admit that yes, a tablet form factor is optimal for that use.
Of course it can, with some effort, replace a laptop for many people, but there is no situation I can think of a real laptop wouldn't be better, if only because of the choice of software you can use on it.