Incredible Shrinking iPad?

Just read an article on Bloomberg about how Apple may be preparing to unleash a newer, smaller iPad with a seven-inch screen versus the current 9.7-inch model. Anyone else see where this is going? Smaller and smaller? If they start this trend with the iPad as they did with iPod, then before you know it the iPod shuffle will be roughly the size of a toothpick and the iPad will end up about the same size as the 5th gen iPod video.

I don't get it. Can smaller even be better when dealing with something like the iPad? Isn't part of its appeal the fact that you can actually see movies and text on it? Why make them harder to see by shrinking the damn screen? Oh, Apple, how you confound me sometimes. But I could gripe about them more later. And I will. Yes, iWill.