The moment Apple users have been waiting for—the highly anticipated iOS 4.2 mobile software upgrade finally hit the iPad Monday. Some are calling it a ‘milestone update for iPads and iPhones’. This roll out addresses most of the hang ups iPad users have faced since inception, now offering:

• Multitasking– ability to switch between multiple apps, while preserving iPad’s battery life
• Folders– capable of organizing apps by drag-and-drop
• Unified Inbox– fast inbox switching and a threaded message view
• Game Center- play friends or be matched with new opponents, showcase scores and achievements, and discover new games their friends are playing
• AirPlay- new feature for streaming music, video and photos wirelessly from iPad, iPhone and iPod touch to Apply TV. Also will be able to use AirPort Express and AirPlay to stream wirelessly to any stereo or powered speakers, or directly to AirPlay- (speakers coming to market in upcoming months).
• AirPrint– Wi-Fi print that simplifies printing by completely eliminating printer drivers. The first to support printing direct from iOS devices include: HP Photosmart, HP LaserJet Pro and HP Officejet

The Find My iPad (or iPhone) feature, once only available for $99-a-year fee–is now free to use without a MobileMe subscription. The Find My iPhone app can be downloaded free at the App Store, letting users locate a missing device on a map and have it display a message or play a sound. Users can remotely lock or wipe data from a lost device to protect privacy.

“iOS 4.2 makes the iPad a completely new product, just in time for the holiday season,” said Steve Jobs, Apple’s CEO. “Once again, the iPad with iOS 4.2 will define the target that other tablets will aspire to, but very few, if any, will ever be able to hit.”

Although a few kinks still need to be worked out, I think we can chalk this up as a W for Apple, giving web browsing a convenient look and feel with even more options. Companies such as Apple are changing how people communicate every day–bending technology trends and transplanting advertising budgets to the Web, solidifying the internet as the place to interact and be seen.