I think Apple really did something magical. They added extra memory with a firmware update! (Or they introduced an amazing memory management subroutine)
Webpages with large images which couldn't be fully loaded with the ipad1 on iOS4.2.1, can now be fully loaded!
No more blue questionmarkboxes!
Anyone noticed this too? It annoyed me enough to make me want to upgrade to ipad2, but now I have to rethink.