For those wondering about the fate of the iPad 2, it will be hanging along with its newer iPad sibling.

The 32 GB, 64 GB and 3G models have been dropped, and you can get the iPad 2 16 GB Wi-Fi only for $399.

New apps such as the just-announced iPhoto for iPad can be used on it. Apple is targeting this model specifically for the education market, though it can also be great for first-time users.

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