Apple CEO Steve Jobs unveiled the next version of its game-changer tablet iPad, the iPad 2, and the sequel is certainly tantalizing with a slimmer and lighter frame.

The unveiling confirmed earlier reports of a possible iPad 2 beef up. And though the iPad 2 certainly didn't usher in a revolution the evolution has been significant.

As forecasted the iPad 2 dons a slender figure which equates to 15 percent less fat than its older sibling. The iPad 2 is 15 percent lighter than the older iPad and 33 percent thinner.

The iPad 2 brings in a faster processor, the A5 which, according to Engadget, makes the iPad 2 insanely fast. It also brings a front-facing VGA camera and a rear-facing camera. The rear camera supports 720p video capture. This upgrade brings FaceTime and PhotoBooth features to iPad 2. The iPad 2 brings the latest version of iOS, the iOS 4.3, which brings enhancements to AirPlay, faster Safari browser experience and iTunes home sharing features. iPad 2 retains the same 9.7-inch form factor with 1024x768 screen resolution.

The tablet also brings Accelerometer, Gyroscope and Ambient light sensors for developers. It has a built-in gyroscope and also the accelerometer, three-axis gyroscope, and compass all work together.

iPad 2 also has a special cover called the Smart Cover which was specifically crafted for the tablet to protect it's screen. It is called Smart because once the Smart Cover is opened the iPad wakes up instantly and when the cover is closed the iPad goes to sleep automatically. The cover can also be used to make a stand for iPad.

Here is a slideshow of some of the major updates brought to iPad 2: