The latest iPad rumors come from iLounge‘s Jeremy Horwitz' Twitter feed (via 9to5Mac). According to Horwitz, the next generation iPad will feature a front-facing FaceTime HD camera, and the rear camera will be more "iPhone 4S-like." 9to5Mac also heard Apple was prepping an 8-megapixel camera for the iPad 3 last summer.
Horwitz also tweeted that the iPad 3 will be thicker like previous reports have suggested. This is due to the rumored dual OLED backlights for the improved LCD display.
“Curve radiuses on the body will change only a little to accommodate the added thickness, not dramatically. Think iPad 2 Pro, not a redesign."
"Body of the next iPad is, as we previously reported, getting just a little thicker to accommodate new parts - little = 1mm give or take."