When Apple said that iOS 4.2 wasn't coming until november, and leaving the iPad high and dry until then, I had a sneaking suspicion that it was holding off for a reason.
iPad version 2. November release, just as the christmas season is ramping up.
iSight camera. (remember the photos that showed the case had a relief cut for the iSight camera that the MacBook Pros use, but no portal on the glass screen's border?) Easy.
512 or more RAM. like iPhone 4.
Higher res IPS screen. Maybe not full retina grade, but higher res than current.
faster processor, perhaps, for all of that AirPlay back-and-forth.
upgraded/fixed WiFi reception.
No form factor change for the 9.5" screen. Maybe a 7" version, if there is any truth to that rumor.
Lots of people buy them for christmas, and people looking for deals buy the used 1st gen iPads second hand from the folks upgrading, or hold-over clearance inventory.
I'm looking forward to it. It'll probably be way over budget for a christmas present for me, though, even if my whole extended family chipped in.
Definitely over the top to ask for that and a Parrot iOS-controlled quad-copter to go with it. 
iPad version 2. November release, just as the christmas season is ramping up.
iSight camera. (remember the photos that showed the case had a relief cut for the iSight camera that the MacBook Pros use, but no portal on the glass screen's border?) Easy.
512 or more RAM. like iPhone 4.
Higher res IPS screen. Maybe not full retina grade, but higher res than current.
faster processor, perhaps, for all of that AirPlay back-and-forth.
upgraded/fixed WiFi reception.
No form factor change for the 9.5" screen. Maybe a 7" version, if there is any truth to that rumor.
Lots of people buy them for christmas, and people looking for deals buy the used 1st gen iPads second hand from the folks upgrading, or hold-over clearance inventory.
I'm looking forward to it. It'll probably be way over budget for a christmas present for me, though, even if my whole extended family chipped in.