Video and image of the new Mac iPad (updated)

Apple CEO Steve Jobs shows off the new iPad during an event in San Francisco, Wednesday, Jan. 27, 2010. (AP Photo/San Francisco Chronicle, Paul Chinn)

Yeah, It's a big iPhone.

Check out the video below for some demonstration imagery -- dramatic music aside, the iPad looks pretty cool. Definitely better for some digital comics.  It will be available in a 16GB, 32GB and 64GB. And it's about $500 for the 16GB version with an AT&T plan.

I'll post more pics and background info later today.