I'd imagine the 1GB of RAM will give it iOS 8, though I'd also imagine that (a) iOS 8 is the third generation iPad's last major iOS release and (b) it'll run slowly, though hopefully not iOS 5.1.1 on first gen iPad slow, because that was barely usable. Put it this way, the third generation iPad will not age as gracefully as the iPad 2, fourth generation iPad and (likely) iPad Air will, simply due to it being somewhat underpowered out of the gate. Again, hopefully it ages better than the first generation.