Apple's iPad 3 is rumored to be launching in February, but the holiday season is here now, so perhaps you should pick up a brand new Motorola Droid Xyboard 10.1 instead. While we can only speculate on what features the iPad 3 will have, we know exactly what we are getting with the Xyboard 10.1. iPad 3 could be 4G enabled, have Thunderbolt connectivity or even be transparent and rimless, according to the rumor mill.

Obviously, Apple isn't saying what it will look like or when it will be here, but plenty of industry analysts and even people who make the component parts are speculating about iPad 3.

If you are inclined to pine for a 4G iPad 3, check out the Droid Xyboard 10.1. It's the first 4G tablet, and costs $530 with a two year data contract from Verizon. It's a 10-inch device, most likely what iPad 3 will be, and features a super thin design and HD 1280x800p resolution. It also has a five megapixel camera on the back, and the front-facing camera can record in 720p resolution. That means you can video chat in high definition.

Furthermore, the Xyboard is a prime candidate to get the Android 4.0 update when it comes out. It might even be one of the first tablets to get it. For now, Android 4.0 will only be available on the Galaxy Nexus smartphone when it comes out. After that release, the new update will be rolled out to many other Android devices, but without any road map as to which ones and when. At least, not yet. The Xyboard is nearly the same weight as iPad 2, includes16 gigabytes of storage and even comes with its own stylus. There is a 32 gigabyte version available, as well as an 8.2-inch version.

Whether you wait for iPad 3 or if you grab a Xyboard 10.1 now, you'll be getting the latest technology, and which one you pick will be partly determined by how you use it. Tell us in the comments if you are a first time tablet buyer or what you think of your current tablet.  

MUST READ: Asus Eee Pad Transformer Prime: Buy it or Wait for iPad 3?

MUST READ: Kindle Fire vs Motorola Droid Xyboard 8.2: Which is Better? 

MUST READ: iPad 2: Ten Reasons it's a Great Holiday Gift