Gizmodo took a call today from someone who claims to have held tablet prototypes in their hands and sat in on Apple meetings about the device. We'll just republish the good bits:
"The device, which I've held mock ups of, is going to have a 10 inch screen, and when I saw it looked just like a giant iPhone, with a black back— although that design could change at any time" they said, "with the same black resin back, and the familiar home button." That's obvious.
"But it will come in two editions, one with a webcam and one for educational use."
They continued to explain the device as something that would sit between an iPod/iPhone and a Macbook, and would cost $700 to $900