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Clock: The iPad finally gets a clock and from what we heard yesterday Apple is talking with the Swiss Rail Company since it looks like the clock was copied from them. I don't use my iPad as a timer or stopwatch, but it is good to have a world clock available.
Enhanced Facetime: You can now use Facetime over 3G cellular, which means if you have a cellular iPad like me you can now make video calls on the go.
Safari improvements include iCloud Tabs, Safari sync, offline reading, and ability to upload photos and videos to websites from within the browser. This actually is major for me as it looks like I can now post articles to ZDNet all with just the iPad.