Is "iPad Mini" the iPad 4?

Hey everyone, how is it going? Im pretty sure you all have been hearing about the iPad mini rumor.  Right? Well, if you haven't, there has been rumors about this some time now.  But we all want to know will this be confirmed in the fall or is it coming out when the new iPhone is released and unveil.  Also will this be competing against the Kindle Fire and Nook and the Nexus 7? What will the price be? It will have to be somewhere under the $300 range, otherwise it wont sell as well as the other small tablets.  So if this iPad mini is a real deal, will you buy one?  What would you all like to see in this mini iPad?