As posted here on engadget Apple has scheduled an event for 2nd March where the "iPad 2" is set to be announced.
Rumours have been spreading over the past few months about what the next iPad will bring to the table in order to keep it ahead of the competition. I would speculate that the next iPad will include at least one camera (front mounted) for video calling and double the RAM of the old iPad to keep it inline with the iPhone 4. It would be nice to see the next iPad also sporting a "retina display" though this should not be counted upon just yet.
More to follow as details emerge. I will post any information that comes from this event on this blog.
UPDATE #1
more rumours can be found here