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iPad mini and 4th-gen iPad: stacked comparison
Here, you can see just how down-sized the iPad mini is from its beefier counterpart. With usage between each model, it's quite clear that the 4th-gen iPad makes more sense to purchase, both in its capabilities and price range. With it, you get FAR more power, a MUCH more beautiful display, and the guarantee of the latest apps working without any special considerations.
4th-gen and 3rd-gen iPad comparison
Literally, the only external difference between the latest iPad revision and the 3rd-gen is the plug. For clarity, the top iPad is the latest, 4th-gen version.
4th-gen, 3rd-gen, and iPad mini comparison
With the iPad mini and the 4th-gen iPad comes a change to the text at the bottom on the back. Where the size of your model used to be indicated (as seen on the 3rd-gen iPad at the bottom of the pile), there is now just branding and other misc. information. To know how much space is in an iPad now, you must check system settings.