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720p video recording at 30fps will be on tap from the rear-facing camera, which can also do a 5x digital zoom if you're into that kind of thing, whereas the front-facing imager will record at a more modest VGA resolution, also at 30fps.
There's a new cover for the device, which is best defined by Steve Jobs himself: "We designed the case right along side the product. It's not a case -- it's a cover." Basically, it's a magnetic flap that protects the front and automatically wakes and puts the device to sleep according to whether it's open or closed. Guess we know what that proximity sensor was about now. These Smart Covers will cost $39 in plastic or $69 if you opt for leather.
The iPad 2 is 33 percent thinner than its predecessor, at a mind-melting 8.8mm, and a little lighter at just over 600g, while chromatic options have been expanded: you'll get a choice between white and black. It'll be available on both AT&T and Verizon, and all variants start shipping on March 11th. Apple Retail Stores will start sales at the unusual hour of 5PM, which will probably make online pre-orders the fastest way to get yours.
In terms of new software, Apple's launching iOS 4.3 alongside the new iPad and bringing with it much improved Safari performance as well as FaceTime, Photo Booth, iMovie and GarageBand apps specifically for the newly camera-enriched iPad. Personal Hotspot capabilities are also arriving in the latest version of the OS, but they'll be exclusive to the iPhone 4, so you won't be able to share your 3G iPad's connection.