I am so happy to finally have folders on my iPad. This was reason alone to upgrade to 4.2 And multitasking HAS come in handy once or twice so far. However, the caveat is - that using the home button on the iPad is not as "user friendly" as it is when using it on the iPhone. Not that I have a different solution. But I think using the home button to switch apps/bring up the dock works and makes sense on a device where the button is literally just under thumb. But on the iPad it's a bit more "awkward." And while I don't have my iPad on a dock - I can only imagine it being even more so. my .02.