Eric: I agree. About mid week I realized that a "touch" video editor would work very well on the iPad. Before I thought that would not be a good idea, but having used it and because I currently use a stylus to edit video in FCP I see it as being doable.

There are photoediting and creating apps. In fact there is an illustrator for the New Yorker that uses a Touch to create cover art for them. So that's definitely doable.

But as I wrote in my blog entries and as has been discussed by others, file system and network volume two way access MUST be dealt with.