If we just assume for the moment, you will probably be getting an iPad Mk2 as you want more Ram perhaps a camera or two and some other yet unknown improvements. What are your plans right now? 1: Just wait till the new one comes out and in a relaxed way order one. Then once it's arrived, sync and do the changeover, then sell your current one for whatever you can get? 2: The same as "1" above, but pass your current model onto another member of the family? 3: As soon as an official launch date is announced, make your pre-order then sell your current one to minimise the financial loss as there will still be some people around who don't yet know about the new one coming out? 4: As soon as we start hearing strong rumours and see sneaked out photo's from a plant in China of the new body design, sell then and wait another month or two without one. I may go with option "2" myself. as I can see a few $100 being knocked off it's value. I can see the value of the current model dropping quite a lot seeing as there are now stories about some stores selling possibly refurbished ones at $100 less with warranty, so already that knocks the 2nd hand market value right done, plus if the new ones are launching at the same price as the current ones, that will put people off an old model also. We could have literally millions coming onto the 2nd hand market when the new model launches.