Earlier quoted context omitted.
As developers of professional audio plugins this is very exciting for us. The horsepower is there and the touch interface allows for some really cool possibilities. We already enjoy using AUM and Cubasis, but will be very interested to see if support for pro hardware improves now on iPad.
The lack of AU on Windows, and the lack of VST on any mobile device, is done more to hold back DAW than anything else.
Pro Tools has seen huge success despite being the only major user of RTAS/AAX for example.