Is the iPad mini worth buying?
if you can wait i would suggest waiting till the next version of the Mini.
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I have a 3rd gen iPad and have no interest in the mini, mostly because of the downgrade in display resolution, but also because I just don't think it's much different than an iPad in its form factor. If you like your iPad and want a new one, get a new iPad. If you want something smaller, is an iPad mini really that much smaller? The price really isn't much different, but for the extra $170 you get a lot more and you're already used to that form factor with apps (though you'll need a new case and charger).
This is where I check Apple products for the right time to buy and recent rumors:
Here's the headline of the most recent mini rumor: "AU Optronics Catches Up with iPad Mini Display Production, Begins Working on Displays for Next Generation Model."
Digging further, the article also speculates: "Rumors have suggested that the next iPad mini will be equipped with a Retina display, and a report from November stated that AU Optronics was gearing up for production.
"Retina is widely believed to be the next logical step for the iPad mini, and while there are no concrete hints on when an updated mini will be released, KGI Securities Analyst Ming-Chi Kuo recently predicted that both the iPad mini and the full sized iPad will be updated in the third quarter of 2013."