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I love to listen to music on the iPad, and TuneIn Radio is my favorite way to do that. The app streams radio in real-time from stations all over the world, and has good search capability to find just the right station to match your mood. Stations can be saved to the favorite presets to make returning to them as easy as tapping the screen. TuneIn also shows the scheduled programming for each station, with reminders for shows you don't want to miss. The sleep timer and alarm let you fall asleep and wake up to any station you wish. You can record the streaming audio within the app. TuneIn Radio Pro works in the background, so you can listen to the radio while doing other things.
$0.99 in the App Store
Panes brings multi-tasking and widgets to the iPad. The app displays up to three columns (panes), each containing one or two widgets. The widgets are rich and varied, from a full Twitter client to a web browser. Using Panes you can follow Twitter and Facebook side-by-side with yet another widget alongside them both. The widgets include an RSS reader, Google Reader, calculator, and calendar app just to name a few. The Panes can be closed as desired with a simple swipe, allowing any one or two apps to take the full screen.
Those familiar with the app Glimpse for the HP TouchPad will recognize Panes, as it is a direct port to the iPad, bringing widgets and multiple windows to iOS.
Panes is in beta and not yet available, but should be in the App Store soon. It is a very useful app and already one of the apps I use the most on my iPad.