I'm viewing this on a transformer. It's only competing if you buy the keyboard dock, which I didn't. And it's a bad competition, because it runs a tablet OS, with tablet software. Much like Windows 8 on the tablet, without the desktop mode.
That's the flipside of my post, where trying to use a tablet like a full computer because clunky and silly^.
The transformer book has the same form factor with the full version of windows 8. The whole point of windows 8 is that it should work as a tablet os and desktop replacement. They are trying to beat everyone to a market where a tablet can replace your laptop/netbook.