People get more slack around here for calling gaming consoles "Toys".
Not everyone here uses their computers for After Effects, Maya, Final cut... Combustion, Flash, Photoshop...C+++.. etc. etc. to get through the day: To most, the deepest "computing" activity is those exact "simple things" you are talking about, so I do agree with you there, and I also agree that most people use the iPad for social, fun and entertainment purposes, but they also use their home computers and laptops for the same reasons, so you might as well call all personal computers toys...
It's how much we get out of these things that defines their purpose as toys or something more, but not the actual hardware itself.
Just realized I made the exact same point as Smokey did, but in a more winded, blabbering sort of way.