Meet the iPad: For only $499

This afternoon, hundreds of thousands of eyes were glued to their computer sceens at 1 pm, awaiting Apple's latest creation: the iPad.

The 16GB, Wi-Fi-only version costs $500, while the 32GB version is $600. Lastly, the 64GB version will cost you $700. If you want to add 3G, the pricing increases by $130 on top of that. The Wi-Fi-only models will ship in 60 days, while 3G models will be shipping in 90 days.

Worth it? We will have to wait and see.