The device you didn’t know you need: a ginormous iPod touch.

Apple’s unveiling of its unfortunately-named iPad this week was a major letdown for mostly one reason: openness. By opting for the iPhone operating system on the iPad, Apple maintains an iron-like grip on the device. Applications must go through the App Store. Want to get work done? You are stuck with iWork. Steve Jobs’ hatred of flash means lots of Lego icons when surfing the web.

Probably the most crippling limitation is that in its current form the iPad can only handle one app at a time. While this is moderately annoying on the iPhone, it is ridiculous on a computer with a 1 Ghz processor.

In fact, the iPad unveiling probably leaves more questions than answers. Will developers start making more in-depth applications specifically for the iPad? (For example, imagine a full-blown version of Office or more detailed magazine and newspaper apps) How well will applications sync between your iPhone and iPad? Will AT&T’s network be able to handle even more connected devices?

It would be unwise to call the iPad a flop. Even with some quirky restrictions, you can never count out a device that comes from One Infinite Loop. The Apple fanboys and geeks will line up to get one of these. The question is if the masses will follow.