The Apple iPad is a Disappointment for many on prize and function. The iPad is disappointment is the collective chatter of  still now in Thursday.

Newsweek has the best comment:

“Steve Jobs is unveiling the Apple iPad, the company’s feverishly anticipated tablet device, in San Francisco at this minute. NEWSWEEK Technology Editor Daniel Lyons is on the scene—and says the audience’s reaction is surprisingly tepid. “I haven’t been this let down since Snooki hooked up with The Situation,” Lyons e-mails.”

But did Apple not know disappointment was coming? Their product doesn’t even support flash!

Adobe’s Adrian Ludwig responded to its absence of Flash in a post later today ripping into Apple and its “restrictions” on others”:

“It looks like Apple is continuing to impose restrictions on their devices that limit both content publishers and consumers. Unlike many other ebook readers using the ePub file format, consumers will not be able to access ePub content with Apple’s DRM technology on devices made by other manufacturers. And without Flash support, iPad users will not be able to access the full range of web content, including over 70% of games and 75% of video on the web

“If I want to use the iPad to connect to Disney, Hulu, Miniclip, Farmville, ESPN, Kongregate, or JibJab — not to mention the millions of other sites on the web — I’ll be out of luck.”

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It’s quite a letdown after people announced the Tablet’s arrival to something as big as the Old Testament with Moses. Mike Abramsky of RBC Capital Markets said of the launch:

“Anticipation for an Apple Tablet resembles that of Moses bringing down the Ten Commandments. Despite high expectations, we believe Apple plans to redefine portable computing — as the Mac redefined the PC — by ‘creating’ desire for a new converged portable device with innovative touch/gestures — with iTunes content.”

Redefine it shall not.

Netbookboards.com says of the iPad:

“I think the iPad will be a failure for Apple. The main problem I see for it is that there is no market for such a device. There is nothing that the iPad can do that cannot be done by a laptop, iPhone, or iPod Touch. There is no incentive for customers to spend, at a minimum, $499 on this device.”

The press conference – which was billed as one of the most important product launches of recent memories – was seen by day end as the one most over hyped product launches of an average product … in recent memory.

Why? People are seeing the iPad as not do anything unique that other products don’t already do and are calling it an oversized, poorly priced, almost comical sized iPod … with a bad name. They even compare it to the worse moments of … (drumroll) Jersey Shore!

For continuing coverage of the tablet’s launch on LALATE click here: http://news.lalate.com/category/apple.