Daring Fireball's John Gruber has added some carefully hedged speculation about the iPad 2 going carbon fiber to the mix:
I could publish things I’m only half-sure about, like the iPad 2 switching from aluminum to a lightweight high-strength carbon fiber body, but I don’t, because I’m only half-sure and I’ve only heard about it from second-hand sources who themselves are unsure about it. And even if I were to off-handedly mention such speculation, I’d do so in a footnote and take pains to emphasize the uncertain nature of the information and the second-hand status of the sources thereof.
He also weighed in on some of the back and forth iPad 2 rumors, saying the hi-res display was never on the table and wagering SD wasn't either, so they couldn't have been "cut".