For personal use… I like the size, it’s a bit more portable than a 13” laptop (0.5lb lighter with Magic Keyboard, 2.7lb lighter on its own), smaller footprint). It does everything I need (surfing, streaming, email, FaceTime).
Would I be happy with a 13” MBA as my personal device? Sure. I basically flipped a coin - the iPad won because shiny new thing.
For work, inability to run Docker/VMs and install VSCode is a deal breaker.