OK, Ok, inadequate CS3 skills aside, I think I'm on to something! Take your average desktop mounted retractable light stand, but instead of the light, simply attach your iPad at the end. This would be great way to compliment your desktop computer with an iPad that has a full range of motion (up,down,left,right,back,forward) hovering right there where you need it. And it could be easily rigged for audio and power. Am I making sense?
I'm still trying to figure out how to properly mount an iPad to the stand. A car mount with a few custom screw holes and a u-bolt would probably work (but expensive). Unlike my picture, you'd need a light stand that fastened to the edge of your desk to counterbalance the weight of an iPad.
Hopefully the attachment works. I might be losing my mind waiting for the 3g to come out, or it might be an alright idea. Who knows..
3 days and counting!