iPad 3 or Reduced Price $450 iPad 2: Which Should You Buy?

Trying to decide between the all new iPad 3 or the reduced price $450 iPad 2 is made all the more difficult because we still don't know what the new iPad will look like. It sure won't be $450 like the 16 gigabyte iPad 2 at Best Buy. For that price, the only other tablets that really comes close to being as good of a deal is the year old Asus Transformer, and it's still $400. iPad 3 will debut March 7, and could go on sale just a week later. However, there are rumors it will cost closer to $600, a price it will likely remain at for a long time.

That extra $150 could go a long way toward apps and accessories for the iPad 2, and there's even a new iOS app discovery tool to help you spend that cash more wisely. It's called App-O-Day, and it highlights several paid apps together, allowing potential buyers a chance to try apps they might not otherwise have regarded. Additionally, those apps will have been created just for the App-O-Day special, not just any old app that happens to be free that day. It's on the iPhone, but will be made for iPad as well. It's a good one to try if you're thinking of grabbing the discounted (slightly) iPad 2, and you can make the best use of it while you save up for the iPad 3.

iPad 3 is rumored to be debuting an all new high-definition display, eight megapixel rear-facing camera, 4G LTE radio and a new quad-core system processor. The latest rumor is Apple will also debut and Apple TV 2 and possibly announce an iPad Mini for later in 2012. Furthermore, a new iOS update may be announced, and that would be an upgrade for the iPhone, iPad and iTouch. Apple will unveil its newest creations March 7 in San Francisco. Tell us in the comments if you think $450 is a good deal for iPad 2 or if $550 to $600 is too much for iPad 3.