The wait for the Apple iPad- themed event is nearly over, with the 'iPad 3' or 'iPad HD' expected to unveil on Wednesday.

While Apple will not be live-streaming the event at the Yerba Buena Center for the Arts Theater in San Francisco, a whole host of tech sites will be live-blogging the event as it unfolds.  

Mashable: Chris Taylor and Lance Ulanoff will be live-blogging from the event with product reports and analysis throughout the day.

CNET: Josh Lowensohn will be live-blogging from the event, which starts at 10 a.m PT and will be updating the CNET site with photos and on-going commentary throughout the day.

Slash Gear: The Slash Gear will also be on the ground sending out live blasts through their live-blog portal and main news feed.

Gizmodo: The tech site is already calling their live-blog the iPad HD Apple Event. They were the first to leak the rumors that the iPad 3 would in fact be called the iPad HD.  The Gizmodo site will be sending out live updates throughout the event.

UStream: The site will be streaming live coverage from Apple Keynotes, including images and commentary. 

Here's a roundup of the latest iPad 3 Rumors:

'iPad HD'

The iPad HD has been spinning in the rumor mill for some time, but only recently has it become the most talked about speculation for the next generation tablet.

Rumors initially surfaced after an alleged leaked inventory obtained by Gizmodo showed the name iPad HD instead of iPad 3, and later sources at CNET and Venture Beat backed it up.

The name iPad HD makes sense for the next generation iPad-- especially with competition at its prime-- the pressure is on for Apple to stand out. A name change could be an effective marketing tool that highlights the tablet's rumored retina display, and breaks the predictable number model for Apple gadgets.

'iPad Mini

One of the latest iPad 3 rumors is that Apple will release an 'iPad Mini' after the iPad 3. According to the Digitimes, the Apple supply chain has started delivering samples of 7.85-inch iPads, with mass production likely to start in the second half of 2012, according to sources.

The price of the smaller, entry model iPad will likely be $249-$299, according to the tech blog. Apple is also rumored to be releasing an 8GB version of the iPad 2.

Here is a round-up of some of the rumors surrounding the tablet ahead of the upcoming release date:

Faster Processor:

The iPad 3 will likely come with a more powerful chip, perhaps the quad-core A6 chip. The first-generation iPad came with an A4 Chip and the iPad 2 followed with an A5 chip, which suggests the iPad 3 will follow suit and run on the A6 chip.

An A6 chip would double the power of the A5 chip that is currently used in the iPhone 4s and the iPad 2. An unnamed source, who claims to have an iPad 3 prototype, sent Boy Genius Report pictures of a diagnostic tool called iBoot, which states a chip model number that appears to be that of the A6 chip.

Better Camera:

The iPad 2's camera is another feature of the tablet that has come under strong critique, sporting a feeble 0.8 MP. The iPad 3 has a long way to go if it wants to compete with other tablets like the ASUS Transformer Prime, which currently boasts an 8MP, 3264 x2448 pixel, auto-focus, LED flash camera.

The iPad 3 will likely come with a much-improved camera, matching the quality of the 8MP camera of the iPhone 4s or better. The iPhone 4S not only improved its pixel capacity by 60 percent compared with its predecessor, but it also came with a larger custom lens that heralded a 2.4 aperture. More, the camera boasts advanced color accuracy, face detection and reduced motion blur.

Price:

While rumors continue to circulate about the possibility of two iPad 3 models -- one cheaper than the other -- it is likely there will only be one, which will fall under the same price range of its predecessor at $499 for its entry level model. The iPad 2 will likely drop to $399 and if Apple continues to sell the original iPad it will probably start at $199.

The iPad still falls among the more expensive tablets in the industry; the Amazon Kindle Fire is priced at $199, while the Barnes & Noble Nook Tablet came in at $249.

Siri:

It's difficult to predict if the iPad 3 will come with Apple's popular voice assistant that debuted in the iPhone 4s, but it seems more likely than not. Siri is undoubtedly the most appreciated feature of iPhone 4s with her ability to understand voice commands, send texts and find local pizza joints. She was the main reason Apple iPhone 4 customers upgraded to the 4s despite there being little difference in the phones design. The implementation of Siri in the iPad 3 could give iPad 2 owners a similar incentive.