Apple's iPad 2 might have a lot of new features allegedly coming to it—including a combined GSM/CDMA chipset, double the screen resolution, and a bevvy of upgraded hardware underneath. However, one thing that might not be making the trip down upgrade lane is the iPad 2's alleged front- and rear-facing cameras. They might be there, but they won't be anything near what iPhone users are used to playing with.
Sort-of.
The website 9to5Mac has dug deep into the latest iOS SDK and uncovered some listings that indicate that the iPad 2 will indeed have front- and rear-facing cameras. However, the latter—that which one would use to actually take pictures and videos of others—won't be the jacked-up, five-megapixel camera of the iPhone 4. Instead, Apple seems to be opting for a rear-facing camera that's closer to one megapixel in quality.
Mark Gurman at 9to5Mac speculates that the camera will actually be the same one previously used in Apple's fourth-generation iPod Touch—a 0.7-megapixel camera that would allow one to at least shoot native 720P video (a resolution of 1280 by 720 pixels). And, if the camera follows suit with how it was used in said iPod Touch, one would be able to shoot pictures at a capped resolution of 960 by 720 pixels.
The front-facing camera on the iPad 2 is rumored to be a 0.3-megapixel VGA camera, just like what you'd find in the fourth-generation iPod Touch or iPhone 4. That'll be fine for front-facing pictures of yourself or, more importantly, FaceTime video chats with other Apple device owners.
Strangely, two different models of iPad were identified within the SDK—a "K94" device, identified as the iPad 2 by sources familiar with the SDK nomenclature, as well as a "K95" device which is yet unknown. It's likely a different version of the iPad 2, but there's no indication as to what the physical difference between the two models is as of yet.