The second generation iPads are displayed during Apple's special media...

The second generation iPads are displayed during Apple's special media event at the Yerba Buena Center for the Arts in San Francisco on March 2, 2011 in California. The iPad 2 is thinner and lighter than the original version released last year and features cameras for photography, movie-making or video chat. AFP PHOTO / Kimihiro Hoshino (Photo credit should read KIMIHIRO HOSHINO/AFP/Getty Images) Credit: Getty Images

Now that the iPad 2 is out, Apple lovers are claiming this is the iPad they've been hoping for, but in reality, Steve Jobs didn't announce anything groundbreaking. And the comparisons with its competitors have begun pouring in.

We’ve already seen dual-cameras, dual-core processors, HD recording and HDMI connectivity. It turns out the iPad 2 is a bit faster and has a thinner body. That’s it.

There is still no Flash, no 4G, no expandable storage (SD slot), no  high resolution disply, or upgraded RAM. Oh wait, there is a fancy new "smart cover," that can turn into an iPad stand.

Droid Life put together a comparison chart of Apple's iPad 2, Motorola Xoom, LG G-Slate, and the Samsung Galaxy Tab. It turns out, the Motorola Xoom offers the best bang for your buck.

Unlike the iPad, the Xoom has 1080p playback; USB, HDMI, SD connectivity; 4G and 3G network connections; 1 GB of RAM, versus the iPads 128 MB; and has full web surfing support with Flash.

The Xoom is available now for $599, while the iPad is set to launch March 11 for $499.

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