Or perhaps the software side (FaceTime, iMovie) for the iPad wasn't ready yet, and they didn't want to release a half-baked solution; or it could simply be that

Or perhaps the software side (FaceTime, iMovie) for the iPad wasn't ready yet, and they didn't want to release a half-baked solution; or it could simply be that the performance of the solution on iPad 1 hardware was unsatisfactory.