I watched the video where Steve Jobs was introducing the "multitasking" feature of iOS. I think it's a clever way of doing multitasking. Apple's principle seems to be not providing features for the sake of adding features; but to enhance the functionality of the device. Also, Apple seems to focus on doing things right, rather than doing things first.
What do I think of this as a user? Let's think about one feature: copy-paste. I agree that copy-paste is not a great experience on Android. I have never used any iOS device, so I can't compare Android and iOS. But I am inclined to believe that iOS does it much better than Android.
Apple took the time to think about how to do copy-paste right, and they introduced it only in version 3 of their OS. Had I owned a first generation iPhone, not having the ability to copy-paste on my phone would be a severe limitation to me. Likewise, iOS devices don't do over-the-air syncing yet. Maybe Apple will implement it in the "right way" at some point, and they might even prove that Android's way of syncing is inferior to what they can do.
But it all doesn't mean much to me. I think of myself as an advanced user who can figure things out when something is not working. Even if it's a little sloppy, I want my features right now; I can't wait for my device manufacturer to think hard and get it Just Right.
(I have more reasons for not wanting Apple products; this is just one in the list.)