The current display is fine for movies etc and is even quite good. But for reading I hate the jagged pixels. I also have an iphone 4 and it has spoiled me forever. I love the screen real estate on the ipad but the text on the iphone 4 is so perfect it annoys me when I go to ipad and its pixelated. So waiting to see what they bring us. If they don't deliver no problem I wait for ipad 3. While camera, more ports etc nice features only screen will make me shell out more $$$.