My pity goes to those who bought iPad yesterday.

As we were expecting, Apple has introduced iPad 2 with an entirely new design that is 33 percent thinner and 15 percent lighter than the original. While maintaining its 9.7-inch LED-backlit LCD screen, iPad 2 boasts of having Apple’s new dual-core A5 processor for faster performance. It now has two cameras for FaceTime and Photo Booth and for capturing 720p HD video. Despite all the new features, battery life remains at 10 hours. The new tablet also runs on both AT&T and Verizon’s 3G networks. Black or white? They have both colors. The new iPad 2 Smart Cover with self-aligning magnetic hinge is also an innovative piece of product by itself. Prices stay the same.

What was more stunning was the presence of Apple CEO Steve Jobs, who is currently on medical leave, to present the new product. The obviously ill head of Apple received a standing ovation from the throng of press people who witnessed the event.

“With more than 15 million iPads sold, iPad has defined an entirely new category of mobile devices,” jobs said. “While others have been scrambling to copy the first generation iPad, we’re launching iPad 2, which moves the bar far ahead of the competition and will likely cause them to go back to the drawing boards yet again.”

Would I buy iPad 2? I doubt. I’ll wait for iPad 3 which we expect to be better than iPad 2.