The first iPad commercial hit the airways last night during the Academy Awards, and seemed pretty appropriate, since Steve Jobs was in attendence.  The 30 second spot aired multiple time during the performance and was a quick, clean roundup of some of the iPad’s main features.

The 2010 addition of CBS Sports NCAA March Madness on Demand has sunk into the App Store. The app lets you stream the popular series to your device over both WiFi and 3G.

Blast Off has been ported from the PSP to the iPhone. Check it out in the App Store now!

App of the Day: The Oscars