I too have a first model iPad and it sucks, but I also kinda expected it. Other developers also don't seem that much surprised/disappointed. The problem is RAM:

I too have a first model iPad and it sucks, but I also kinda expected it. Other developers also don't seem that much surprised/disappointed. The problem is RAM: The iPhone 3GS and the iPad have the same amount of RAM, but the iPad has twice the resolution and almost 5 times the amount of pixels to push to screen. I suspect Apple and third party App developers will support the second Generation iPad exceptionally long, because it is still selling (obviously), it has much better hardware specs and it outsold the first Generation over 3:1. It makes sense to make the cut now with iOS 6.