That's the whole iPad line. No multi-user because they don't want families to buy only one iPad, no support for running apps outside of the app store, etc.

Isn’t all that potential shown off in the duo?

Ok, how is this a disappointment - what does it not have that the pro does that you're seeking? To me, this just looks like a large phone without cellular. Not sure I'd want this, as I already have a large phone - good enough.