Apple has posted a job offer on jobs.apple.com (link here) suggesting that they’re indeed already working on a second generation iPad which should have a digital camera.
“Job title: Performance QA Engineer, iPad Media
Description: The Media Systems team is looking for a software quality engineer with a strong technical background to test still, video and audio capture and playback frameworks. Build on your QA experience and knowledge of digital camera technology (still and video) to develop and maintain testing frameworks for both capture and playback pipelines…Experience with tuning of and image pipeline, including, but not limited to AWB, Color Correction, AutoExposure, FrameRate adjustments is a plus.”
We know that a new model is coming next year. Not a reason to not love the iPad now, though.