Hi - you certainly can remove the DRM and convert them into a Kindle compatible format and it's what I'd do because I'm a fan of the Kindle. If you do so you can read them on the iPhone/iPAD in the Kindle app or another mobi reader. There are also some Calibre functions to manipulate the files to sync your reading locations between your iThings and your (future) Kindle, which is kind of fun.
I just want to point out that you can put them on your new iPAD in their current state. There are a couple of choices for ADE ePub files. I actually un-DRM all my books and read them in other ways but you can put ADE ePub files into the Bluefire App.
http://itunes.apple.com/us/app/bluef...394275498?mt=8
That's the main one I'm aware of but I believe there are a couple of other choices.
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iPad, iPod and iPhone can display epub files just fine - as long as they are drm free.
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As I said, there are Apps to display ePubs with DRM also.