What does this button mean?

[qbcall11]

This button is now where the trash can used to be in Mail on my iPad. What is it, and what is happening to my email when I press it? sorry for the noobish question...

 

[miles01110]

Its the "Archive" Button. Read about it here:

http://www.macworld.com/article/152209/2010/06/ios4_gmail_archive.html

 

[SidewaysTakumi]

I believe it's archive...puts your mail into "all mail" if I'm correct...which I may not be 😱

Damn...beat.