How would you do multi-tasking, while promising ten hours of battery life?
Why does Apple assume their users are idiots that can't be trusted to make an informed choice?
For casual multi-tasking, the speed of the flash memory means that well-written apps should be able to save and restore their state pretty quickly even if the operating system does quit the app when the user switches to a new one. More serious multi-tasking (where you would want side-by-side windows and other major UI changes) would definitely reduce battery life and make things much more complex.
Haven't users been making that tradeoff for years with laptops?
Not multiple applications in the AppStore sense of the word.