Higher contrast? That's pretty funny. Perhaps in direct sunlight where the backlight of the iPad is completely overwhelmed.
Shame about the resolution, but it's not unexpected. I wonder how Apple is using subpixel rendering on the iPad. If it's anything like what they have in OS X (Quartz), I think it'll be less than ideal (a bit on the fuzzy side). Better for designing/printing, but not as good for on-screen reading with limited resolution.
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