I would wait a bit. Rumor the ipad 2 is gonna be discontinued tomorrowHow is the iPad 2 with iOS 7.1? Is it laggy since the hardware is outdated? I am thinking of picking one up for $299 at Walmart (or price matching at Apple Store). I would be using it for basic tasks such as email and internet (no games).
That's true but there still millions of 2s out there so the question remains relevant. On my daughters iPad 2 iOS 7.1 seems to be running fine without any issues. I was messing with it the other day and found it to be satisfactory.The iPad 2 has just been officially discontinued and replaced by the 16GB iPad 4 at the same price point.