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I used to work for M&S doing work in their technology department and the 2 year guarantee is really good. The first year is always covered by the manufacture but the second year is dealt with by M&S and if you report a fault they will just refund/replace it unless it's accidental damage. You don't have to send it away for inspection or anything and they only attempt to repair stuff like large TV's.
Also look at Tesco as you will get loads of clubcard points + quidco if you order online..
I always said to myself that I wouldn't get an iPad but the past week I havn't been able to stop looking at them. The only thing which is stopping me from purchasing is that it hasn't got a retina screen.
^^If you're in no rush to buy then I would wait and see if they manage to retina iPad 3. The screen on the 2 is not high enough PPI to be truly fully awesome.
People will disagree with me but they know it's true.
I've bought (brought) 2 iPad 2's, one from Amazon, the other from Tesco. I can't fault either if I'm honest, although I did get the Smart Cover cheaper through Tesco. I collected it in-store the next day, so didn't have to pay any postage.