Wow, less than 24 hours after putting his hands on it, Dev-Team member Musclenerd just tweeted that apparently, he already managed to jailbreak the iPad.
His tweet, consisting of the screenshot above and the announcement:
"initial porting of "Spirit" jailbreak by @comex to iPad"
shows that he can already remotely access the iPad's entire file system and run programs on it.
Needless to say this is huge folks; First of all, Musclenerd is one of the main actors of the jailbreak scene and can definitely be trusted on this one and secondly, the fact that he already made it this far means that we'll be getting Cydia on there in no time.
Now in video (youtube link):