It's not even Hump Day yet and already we're salivating over Apple's new arsenal of gadget releases. The iPad Air made a particularly big splash in Apple's hour-long event with the news that it features the 64-bit A7 processor and a 48 percent thinner chassis, while dropping the weight to a measly one pound.

Its body and build quality alone reinforces the fact that Apple's penchant for product design is its strongest weapon in the gadget wars, but its the specs and content offerings that will determine whether or not you shell out $499 for it come November 1. Here's a quick overview of how the iPad Air stacks up to the three latest large tablets out on the market, including Microsoft's recently launched Surface 2, Nokia's just-announced Lumia 2520, and Amazon's Kindle Fire HDX 8.9, which was announced earlier this month.

The latest tablet landscape and the affordable price points make choosing a device to bring home perhaps one of the hardest buying decisions. The question is no longer which tablet gives you the most bang for its buck, but which will meet your needs the best.

Thin is in

You certainly wouldn't want to lug around a bloated, too-thick tablet, would you? Apple's new iPad Air is the thinnest of the latest tablets. At 0.29 inches, its almost paper-thin chassis makes the Surface 2, Lumia 2520, and the Kindle Fire HDX 8.9 look and feel like antiquated hardback books. But it's not the most compact: the HDX 8.9 is smaller and weighs less than the iPad Air, making it the most stowable device of the bunch. Of course, its screen is smaller, too.

Better battery life or faster charging?

Apple advertises up to 10 hours of use on a single charge, which is mostly standard for a device this size, though we don't know much about the size of the battery pack that's actually inside it and haven't tested its claims for ourselves. The Kindle Fire HDX 8.9 and the Nokia Lumia 2520 both tout an hour more, with the latter including fast-charging abilities, though its separate ports for MicroUSB 3.0 and microHDMI will ultimately cause some cord-tangle you won't want to contend with.

Photo taking--with your tablet

Not that we're advocating that you snap photos with your iPad (or any other tablet for that matter), but Apple also announced that the Air includes an improved 5MP rear-facing camera, in addition to a 1.2MP front-facing FaceTime camera and dual microphones. The iPad's camera features sound great on paper, and though the Kindle Fire HDX 8.9 sounds impressive with its 8MP camera sensor, the Lumia 2520 is likely to beat out the bunch. Its 6.7MP rear-facing camera with optical image stabilization, 2MP front-facing camera, and four microphones could ensure that it's likely to take some of the best tablet photos in the industry, especially if it takes after the photo-taking capabilities of its Lumia camera phones.

iTunes, Amazon App Store, or Windows Store?

Apple's ecosystem is both one of its strengths and its weaknesses: it's content and app offerings trump what most of what the others offer. As long as you have an Apple TV in your home, it's a cinch to take a video or music playlist from the iPad Air and play it over your home entertainment system with AirPlay. However, its closed ecosystem may prove troublesome if you're not the type to be specifically devoted to one platform, and your experience might feel a little disjointed if you don't have an Apple TV, iPhone, or PC loaded up with iTunes.

The Amazon ecosystem, on the other hand, feels more inclusive--the type of platform where anyone, from any background can join in as long as they have an Amazon account. You can watch movies and television shows and listen to any music you've purchased or stored up in the cloud on virtually anything--Amazon has clients for consoles, computers, tablets, and set-top boxes. It also comes with a free month of Amazon Prime, which gives you free two-day shipping, a library of free e-books to rent, and free video content to watch. For the technically inept, there is also Mayday, which offers instant, free video chat to an Amazon customer service representative. It's Achilles' heel is the fact that it runs a forked version of Android that doesn't work with the same library of applications as the Google Play Store. The Amazon Marketplace may feel limited in its application offerings, especially if you're looking for a tablet that works as more than just an entertainment consumption device.

Nokia's Lumia 2520 and Microsoft's Surface 2 are good productivity tools, since they run Windows 8.1 RT. With access to Office and covers that have built-in keyboards (sold separately), plus the ability to "snap" two applications on the screen at once, they're good choices for getting work done. You may find Microsoft's Windows Store offerings are also quite slim compared to the Apple App Store.

The iPad Air may be the biggest model refresh since the release of the iPad 2 back in 2011, and it continues to lean on Apple's strengths: beautiful design, a wide array of apps and content, and ease-of-use. But it's competing in a different market than even a few years ago, and it's up against an increasing number of large-tablet experiences. We'll have a full evaluation of the device and our official rating in the coming weeks.

All of our iPad Air coverage:

iPad Air review (all Macworld's iPad reviews)

What people love about the iPad Air | What people hate about the iPad Air

iPad Air vs iPad 2 | iPad Air vs iPad 4

5 features missing from the iPad Air