Skyfire has released a demo video (see below) showing off the iPad version of their Flash transcoding browser. Already available for the iPhone with fairly positive reviews; some of the features in the iPad version are the ability to view full screen Flash video as well as embedded Facebook, Twitter and Google Reader integration.
The iPad version will be a totally separate app, which basically means you will have to pay again if you already paid for the iPhone version. No information on pricing, but expect to pay slightly more than the $2.99 that the iPhone version currently costs.
Hopefully Skyfire will have ironed out its previous server overload issues, prior to the launch of the iPad version. Do you use Skyfire? Are you excited by the iPad version? Let us know in the comments!