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First off, I'm not a fan of iPads. that said, it can do a lot more than Chromebook. This is the second attemp to pin Google's Chrome OS to hardware. It failed the last time with Chromeboxes. It will fail again with Chromebooks. Chrome OS was a total waste of R&D by Google. It will be dumped in with the other failures and future ones like Google+. What is REALLY the difference between Chrome OS and Linux? Nothing.
As for coimparison, I can't see anything on the hardware side where the Chromebook is better than the iPad [overall].
Still neither can replace the laptop - Windows or Mac based for horsepower or anything else for that matter.