Leo picked up a black iPad Mini and he likes the size. He says that Apple chose the 4x3 aspect ratio, while competitors have chosen to go with 16x9 to better to accommodate video. The reason may be because it's the same aspect ratio as a sheet of paper which is better for reading books. Leo says he likes it better for that. Leo says he's probably going to take it on his trip instead of his regular sized iPad. There are a few negatives, however.
First of all, it's not Retina, so text is not as crisp. It's only 1024x768, which is only 162 pixels per inch. Competitors are nearly twice that. Apple could've made it a Retina display. It also has the same camera as the iPhone 4 and iPad 2. Leo says the reason they didn't include a better screen or camera are because they want you to have something to buy next year.
The bottom line ... Is the iPad Mini worth $130 more than the Nexus 7? He says it's up to the buyer, but the Nexus 7 is just as good for less. If you're invested in the iOS eco-system, it may be worth the extra cost. If you read a lot, the iPad mini's aspect ratio is ideal. If you're watching movies, then the Nexus 7 may be the way to go. There's enough of a price difference that it's probably not worth paying more for the iPad Mini. If price isn't an issue though, then it may be the way to go.
Leo also says avoid the smart cover on the Mini. It's $40 for a piece of plastic that really doesn't work at all.