In an interview with Electronic House, Savant president Jim Carroll called the device's release a "...watershed moment." He also confirmed that his company is working on an iPad app, including some "pretty cool" plans for the device's large screen.
For now, home automation can be expensive, but Carroll believes that the iPad will change that. With a device that starts at US$499 (and should only get cheaper) and runs App Store apps, more and more people will be able to take advantage of this technology. Of course, that doesn't mean your home will be as cool as Daniel Graystone's overnight, but it's progress.
At the very least, imagine a beefed-up version of Apple's Remote app that went beyond Apple TV and iTunes sharing. We're living in the future!