Woke up at 2am accidentally, so here's the latest news.

So the new iPad has an extremely high resolution Retina screen 2048x1536 or 
exactly twice the resolution (4x the number of pixels) as the iPad 2.  1 
million more pixels than a Full HD TV. Not bad for 

4G LTE  (and newer faster HSDPA up to 42Mbps)
A5x w quad core GPU chip
5 megapixel camera on back
Auto focus
Image stabilization
1080p video recording
Slightly thicker (9.4mm vs 8.8mm) and little bit heavier than iPad 2 
(in order to get same battery life despite 4G)
Voice dictation (but no Siri)
Same prices as iPad 2
Available March 16
Still has a physical Home button

Minor upgrade to AppleTV - now supports 1080p and movies in iCloud
New iWork apps & new GarageBand and iMovie
New iPhoto app ( supports sharing to Facebook)

iPad 2 now available for $399  (16GB wifi) - whoa, that's going to hurt 
competitors 

It's just called "the new iPad". No 3 or HD or 2s.  Weird.

No iOS update mentioned. Hmm.

-Mart
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