Ah...got it. That's interesting. As you can see from the image below, that doesn't appear on my iPad, however per my original post I uninstalled Xcode and I can't recall if it ever showed up that way on my iPad.
Three questions then:
First, does Xcode show up in your Apps folder in iTunes? Open iTunes and click on "Apps" in the left-hand column. If so, try deleting it and then re-sync your iPad.
If that doesn't do it, did you completely uninstall Xcode from your Mac? If not you could give that a try, then re-sync your iPad. You can uninstall Xcode by typing this command in terminal:
sudo /Developer/Library/uninstall-devtools --mode=all (type "exit" and hit Return after the process is done)
I should have asked this question initially...other than seeing the Developer's App listed are you running into any issues? Is it causing your iPad to not function correctly somehow?
I have an Apple developer's license so if deleting it from your Mac doesn't work I can try posting the question on the Developers Forum to see if anyone there can answer it. However if everything is normal otherwise I'd probably just forget about it. I suspect it will be taken care of when iOS 5 is released.
BTW you can perform a screen capture on your iPad by holding down both the home and power buttons and then releasing them. The screenshot will be saved in your iPad's Photos app.
Curious if anyone else is seeing this and if so, are there any negative effects that you know of? TIA.