iMovie and Garageband are featured apps on iPhone and iTouch and also on OS X, but not yet on the iPad. With todays announcements Apple has said that they are brining iMovie and GarageBand to the iPad, which will be able to use the iPad 2's new A5 dual-core processor to its full potential. There are tons of features with iMovie, it has new themes, tweaked UI, and a home screen that looks like an old movie theater which shows previous project and theme templates. Gestures play a prominent role in editing the clips. Transitions are fully customizable, audio is also shown with full waveforms and able to include multitrack audio and import songs from iTunes. On Garageband the iPad studio has 8 different track recordings, 250+ loops and fully compatible with the Mac version. There are cool touch instruments like piano, synths, guitars and more. You can now plug-in a guitar and shred for real with virtual guitar amps and effects. When using the virtual instruments the harder you press on the screen the louder the instrument actually gets and plays a different sound. You are able to edit, with rearranging, trim, and edit it all from you finger tips. Both of these launch on March $11 for $5.