Apple price points don't tend to change (this is by design). I would expect the next version of the iPad to have additional features (a front-facing camera is guaranteed) and more memory and probably a slightly better processor, but I wouldn't count on spending any less money.
Interesting point: have Apple ever completely misjudged a product price point and moved it rather than redesigning the product? I'm not enough of a student of their history to know any examples.
I'd argue that they got the price right; they just weren't charging the right people. After all the carrier sweeteners are added to the pot, I would fully expect the margins on a subsidized iPhone to be equal to (if not greater than) those on a naked iPhone. But thinking that they could crack carrier dominance was a bit of a stretch, as laudable a goal as it was.
