The Magic Keyboard is a much more natural experience, iPadOS has good cursor support now and touchpad is decent too.

Trying to use the Pencil as a mouse replacement feels awkward when using the iPad propped up with a keyboard.

Logitech also make some keyboard+touchpad cases if you wanted an alternative to the Apple one. I used one for a while with an older iPad Pro and it was good, very robust and protective case as well.

The balance on the Magic Keyboard is still pretty shit. It will work on a flat surface, but the adjustment aren't good and it will fall over if you try to use it in your lap.

The trackpad is really nice, but it's worth considering a third party option that gives a more functional laptop form factor if you intend to use it on a lap.

Neither of them are good, partly due to the design and partly due to iPadOS. Nevertheless, if you are determined to get one, then the Magic Keyboard.

Designed to fail. Both the Magic Keyboard and the Smart Keyboard Folio requires physical connections with the gold contacts on the back of the iPad; to do that, there is a ribbon cable embedded in their hinges. The Magic Keyboard hinge is metal, much like that on a normal laptop; so there is nothing wrong there. On the other hand, then Smart Keyboard Folio hinge is a flexible piece of rubber/fabric. This means that as you open and close the folio, the copper traces in the in the hinge would get folded and eventually fatigued break. My Smart Keyboard Folio start losing connections after 1.5 years and would required me to hold it in certain ways to register. It completely loss all keyboard functionality after the second year.

Magic Keyboard does not have the aforementioned design flaw. However, as the hinge is similar to that as a laptop, you cannot just gently open it to check notification (or something like that) like a normal tablet. It needs to be open with intent. Also, you will also need to decide on how often (or if) you want to use the Apple Pencil. As the iPad needs to be remove from the Magic Keyboard for usages with the pencil. However, the camera bump is huge and it will cause the tablet to rock around as you write on it without a case. My only solution for this, so far, is to flip the iPad upside-down and have the camera bump dangle off the table edge while writing.

The software is not there yet (or it may never be). The key problem is that this is not entirely Apple’s fault, but they are responsible for a lot of it. Most apps are not built with the physical keyboard in mind. Therefore, the UI can sometime glitch-out with the keyboards attached. This goes on both of them. In addition, the spacebar often just acted as “select” rather than a “space”. This means that you would sometime select whatever button on the top left of app (like the “Back” button in a browser), rather than inserting a “space” into whatever text field you are typing in. The work-around here is to use Option+Space instead.

Overall, I had bought into the iPad-as-a-laptop-replacement idea in 2018 (literally), and I am very disappointed. If you want to buy some accessories for an iPad, then I suggest the Apple Pencil and whichever cover on Amazon that fit your taste/needs. The keyboard and cursor experiences on the iPad is usable; but, it does not worth $150/$300. If you need a keyboard, get a real computer.

I've used both keyboards and I'd say the MK is the better typing one. I personally rarely use the trackpad myself. I been using iPads since the first one came out and muscle memory has me jumping to touch the screen on the iPad. I don't have that issue on my desktop. :)

I'd personally suggest looking for sales or a good used one as I think both are grossly overpriced. For your use cases an iPad is definitely fine. One thing to note is you basically only get Safari for web browsing. The 3rd party one are just skins at the moment. I am hoping one of the EU laws will change that soon.

If apple remade the keyboard folio i would recommend that, but it’s far too breakable, and it doesn’t protect the iPad very well. You may want to try the Logitech combo touch since it hav much the same layout, and protects the iPad better. You loose the extra usb c port though appposed to the Magic Keyboard, but you’re paying over 100 less. Apple really needs to change the material they make their keyboard cases from in my opinion

FWIW, I absolutely adore my Magic Keyboard. It's a magnetic connection has backlights for the keys, the trackpad works nicely.

I've also accidentally bent it and cracked the trackpad by unknowingly stepping on it without the ipad on it and it all still works like a charm.

Only thing to note is that the trackpad doesn’t give you a real mouse cursor, so it’s not all that useful for remote desktop.

Personally think it’s very overpriced, I’d get the cheaper keyboard folio.

The best keyboard I found to use as an iPad as a laptop replacement is the Logitech Combo Touch. There are different ones for iPad, Air, and Pro. The keyboard and trackpad both feel great to work with and you can pull the iPad off if you want to use it as a tablet. On the plus side, staying in a case protects it (and it has a sturdy kick stand), but the biggest downside is that it adds a lot of weight. You’d just have to feel it to decide. I also bought a generic magnetic folio, which I use about half the time.

I’ve used both, and the Magic Keyboard is the better laptop replacement by far. I couldn’t go without the trackpad at this point. I use my iPad as an iPad all the time, but I also use it as a thin client to remote into my Mac. I did this sometimes before the Magic Keyboard existed, and it was handy, and I could be somewhat productive, but it’s a thousand times better with the trackpad.