As you can see in my post above this one, my iPad got stuck in the backup process. That was my first time to backup to the Mac. I ended up quitting and restarting both the Mac and the iPad and had a successful backup that took about 3-4 minutes.
Thanks. The reboot worked like a champ!!
If you would like to back up the iPad data to your PC in a readible form (i.e. not encrypted as is the case with iOS backups), you can use this instead: http://www.flash-video-soft.com/ipod-to-computer/
Retrieving data ...