New-IPad: New iPad vs. iPad 2: Which One Should You Get?

A colleague asked me an interesting question the other day: "So I can get a free iPad 2, but should I get the new iPad?" Now, I don't anticipate many out there will have the chance to get a free iPad 2, but Apple has dropped the price of the 16GB iPad 2 to $399, making the iPad 2 vs. the new iPad a worthy fight.
"Should I get an iPad 2 for $399 or the new iPad for $499?" and "Should I get rid of my iPad 2 for the new iPad?" are questions I have been getting since the new iPad was announced.
So, let's answer them -- below are the major differences between Apple's two tablets.

Display:
The iPad 2 and the new iPad look almost exactly the same except for the screen. Yes, the new iPad is .03 inches thicker and .11 pounds heavier, but you really don't notice the difference in your hand. But once the screen on the new iPad is turned on, the difference between the two tablets is striking.
The 2048 x 1536-resolution Retina Display on the new iPad is absolutely magnificent. The high resolution makes it look as if you are holding an HDTV in your hand; pictures look incredibly crisp, video even crisper, and text is much sharper.

"It massages your eyes," a friend said. The difference doesn't really show well in photos or video; you have to check them out in person, and when you do, you will see the difference. I promise.