As a little public service announcement, I wanted to point out that you can get a warranty for your new iPad 3 for cheaper than Applecare. Squaretrade is currently offering warranties for as low as $59.
Applecare has been $79 (slightly less at Amazon) BUT Apple has just raised renamed it Applecare + for iPads and raised the price to $99. My advice–pick up a copy of Applecare from a retailer while you still can before the stock runs out. Apple will honor the extended warranty and you’ll get a good deal while supplies last.