Flipboard - A Social Magazine App for iPad

Last night, Flipboard announced the launch of their iPad app, a social magazine called Flipboard.
Designed from the ground up for iPad, Flipboard creates a magazine out of a users social content. Simply launch Flipboard and flip open the cover to get started. From the Table of Contents readers can view their sections and personalize the magazine.
The content of Flipboard is populated based on the user's own accounts on Twitter and Facebook, as well as their other interests. It's also presented in a very iPad-friendly interface as shown in this promo video:The free iPad application does a good job collecting data and presenting it in magazine format. It's a neat concept that seems to fit into the sitting-on-the-couch lifestyle of iPad media consumption. Early usage has been a bit spotty with connection errors, though we are assuming that's related to high early demand. Flipboard is a free download and requires an iPad.
Top Rated Comments
(View all)Quick video: http://www.youtube.com/watch?v=VEVOVOzYeik
Download it here, more info here.
Milk that popularity while it lasts. Such apps are soon going to be fighting over scraps.
The Social Network phase is already mature.
Can we actually move into productive apps that leverage distributed networks in native apps, please?
So downloading this. Free?! Yay.
Update: WOW. This app is so elegant and beautifully designed. This is what an iPad app should be. Not those upscaled Twitter apps. Reeder is my only other app that makes me feel like my screen is being used to its full potential other than this one (except Apple apps) — and it's free! Twitter for iPad should be, though, given the developer.
Isn't that the guy from Square?
So downloading this. Free?! Yay.
Yes, it is.
I want an iPad just for this app. The fact that this is free is astounding. I'm sure they could get away with cahrging $2.99 at least.
Anyone given this a spin?
Seriously, these apps are glorified scrapers with Apple's quality UI options.
Milk that popularity while it lasts. Such apps are soon going to be fighting over scraps.
The Social Network phase is already mature.
Can we actually move into productive apps that leverage distributed networks in native apps, please?
I really don't know what you just said. Why won't people want to aggregate and beautify content in the future? Isn't that one of the most appealing prospects of a consumption-oriented device like the iPad? I also don't see what any of that has to do with maturity of the social networking market either.
And what are 'productive apps that leverage distributed networks in native apps'? That statement makes no sense. I can't tell if you want a render farm of iPads or a Citrix client or something completely different? You just strung a load of buzz words together, so far as I can make out.
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