Well, maybe not obsolete, but certainly not cutting-edge. Yes, it would seem that Apple is going to announce the launch of the iPad 3 in early March, with sales beginning as early as the week following the announcement. But what of its features, you ask?

The rumor mongers don’t expect the tablet to look much different than the iPad 2. “Sources say it will be pretty much what we’ve been led to expect by the innumerable reports leading up to its release,” writes Paczkowski. “A device similar in form factor to the iPad 2, but running a much faster chip, sporting an improved graphics processing unit, and featuring a 2048×1536 Retina Display — or something close to it.”

In other words, don’t regift your iPad 2 just yet–it may have some use in the future, and since it will look similar to an iPad 3, you can fool judgmental nerds on the subway!