I am waiting for the 128GB / 4G model...🙂
I considered doing the same! 🙂 Particularly since I believe the 2nd generation model will have a forward-facing camera built-in. But I figure it's going to be at least 9 months to a year before that 2nd gen model is a reality. It's tough enough just waiting since January. 🙂 Plus, I'm really good at selling older technology to help cover some of the cost of newer technology. I actually have friends that wait in the wings to buy my "hand me downs". 🙂
I'll enjoy the 64GB 3G model now and get the 2nd gen model later. Thankfully, the iPad isn't subsidized by AT&T so I won't be stuck in a contract. I can upgrade whenever I want. At most, it probably won't be more than $200-$400 to upgrade (after selling the original).
I am confident Jobs and company LOVE my plan. In fact, I'm equally confident that they are intentionally leaving the camera out of the 1st gen just to help convince folks to buy another one in a year! 🙂
Mark