At the time of writing, it is almost 2 years since the repair was completed, and the iPad is still working as expected. The costs for this repair was:

Item	Cost
1 x LCD Replacement Screen	$170
1 x iFixit Repair Kit	$29
30 minutes of spare time	FREE

… so with half an hour and $200, we managed to return the iPad to a functional state (and save it from the landfield). All in all, quite a good deal, when the alternative was having Apple repair it for $500+ or buy a completely new iPad.