When I see a licensing agreement come up, I'm normally just looking for the "next" or "I Agree" to continue on my happy way. Well, thankfully all of us are not that way. Macrumors has dug into the iPad software licensing and found something that has sparked the interest of many. According to the documentation, it appears that the next major software update for the iPad will be free but future versions will come with a price tag.
Apple will provide you any iPad OS software updates that it may release from time to time, up to and including the next major iPad OS software release following the version of iPad OS software that originally shipped from Apple on your iPad, for free. For example, if your iPad originally shipped with iPad 3.x software, Apple would provide you with any iPad OS software updates it might release up to and including the iPad 4.x software release. Such updates and releases may not necessarily include all of the new software features that Apple releases for newer iPad models.
While iPhone users have enjoyed major software upgrades for free, this hasn't been the case for iPod Touch users. Let us know your thoughts!