Meh.
The iPad 2, in all seriousness, is going to be the better tablet, when compared to its only real competitor, the Xoom.
From what I've seen of the Xoom, it's a nice device. I don't have the specs on hand (if they've even been released), but the UI is very nice.
That said, the iPad already has a pletheora of apps available at launch, most of which being better than their android counterparts (assuming we're not talking about ports, here). The Xoom, despite having several "launch" apps that have been improved or the device, has a few not working, as of the latest "hands on" that I've seen, due to the honeycomb split.
For at least a while longer, iOS will have much stronger support on the developer's side of things, and that will lead me to name the iPad 2 the victor here.
Also: don't get a tablet. It's completely novelty value. It's too large to work as a useful pmp, most of the games are available on different (and cheaper) devices, and without a manual keyboard (which, IIRC are being made by some third party company, but still) can't be reasonably used for work.
It's like...3:40 am and I can't think of anything else to say.