Logitech and the Tablet Effect

I'm putting TA and Fundamental analysis to the side on this opinion (aka superficial market analysis).

The question I ask is:  How does the growing Tablet and Smartphone market effect Logitech?

Here's a small samples of Tablets:  Apple iPad, Amazon Kindle, Samsung Galaxy on Google Android, HP Slate, Barnes & Noble Nook, and on and on...  In the long-run, if all these Tablets gain any traction in the consumer electronics market, I believe Logitech, "an electronic accessory" company, will be negatively affected.  Most Tablets and Smartphones do not need a mouse, keyboard, remote control or speakers.  The webcam is starting to become obsolete with the new Apple iPhone4 and T-Mobile MyTouch4G.

Logitech does have Revue (linked to GoogleTV), which, pardon the pun, has had decent reviews.  The problem is that I don't think Logitech will have any sort of monopoly on the GoogleTV market, let alone control over Google.

I would stay away from Logitech (LOGI) - trading at 20.48.

$$$ Update (April 1, 2011) : Logitech stock drops and closes at 14.71.  Almost a 30% loss from my call 4 months ago. $$$