Yep, both points are valid. The ability to add "more stuff" is great, but being bound so tightly to Apple, the timeline for future development and overall viability is an unknown.
Hardware wise, we've already seen a new connector, the "mini" and the "air". In software we've seen IOS7 cause problems. Every time Apple makes a move Mackie is forced to drop what their doing and engineer a fix. This costs time and money that could otherwise be spent on development of the firmware, Masterfader and Myfader.
I still contend that the concept is the best blend of capability and simplicity. I just wish the connectivity and IOS bugs could be fixed. It's tough to know who to even point the finger at as you have multiple hardware and software vendors developing completely independently.
As for competition, there's really only 1 that's in the exact same space and it's not yet available (Behringer X18). I have a feeling the Behringer X18 isn't fully baked and is still several months away from release, which is good and bad. Good because Mackie has time to improve their product. Bad because if Behringer ends up making the ipad "dockable", the inclusion of multi-track recording capability at more less the same price point as the DL1608 is a pretty serious blow. In fact, everything else being equal, it would be hard to justify purchasing the Mackie at that point.