Looks pretty nice. Hard to say what the graphical capabilities of the iPad from just this, but I suppose we can be pretty sure it will give iPhone 3GS or better visuals... still, some news!
http://blog.e-tms.com.my/first-shots-of-an-ipad-game-detailed-and-revealed/
EDIT: Oops, thought this was from Destructiod as that's their logo, I think, but it's just some random gaming blog. Anyways, the significance is that this is supposed to be the first non-Apple provided screenshot of a game on the iPad.
http://blog.e-tms.com.my/first-shots-of-an-ipad-game-detailed-and-revealed/
EDIT: Oops, thought this was from Destructiod as that's their logo, I think, but it's just some random gaming blog. Anyways, the significance is that this is supposed to be the first non-Apple provided screenshot of a game on the iPad.