The ipad 2 contains two cameras and HD video recording. It is a thinner, more sophisticated design and contains a dual-core A5 chip. Overall, the ipad 2 dominates the ipad 1 in every way.
The ipad 2 is going to have 2 cameras. One front facing camera, and one in the back. Also it will have a micro USB port, an sd card slot, and I know it is supposed to have more features.
Sadly, you can't. I have an iPad my self and I want the 2nd generation but the prices of the iPad 1 and iPad 2 are the same so you could sell it for the same price you bought it at then buy the 2nd...
No because the iPad 2 is to highly advanced with the two cameras and Intel core duo 5. But you can get the software update IOS 4.3 on you Ipad. It should be up as a download on itunes for free in a...