Targus has released the Lap Lounge for iPad 2 (http://bit.ly/qL6Ytz), an US$49.99, soft, bean bag-filled cushion that conforms to your lap with a functional stand that provides multiple viewing angles.
The stand frames the iPad and provides built-in sound amplification, by redirecting the sound toward the user. A zippered pocket stores a tuck-away carry handle and can double as an accessory pocket. The Lap Lounge also includes a stylus loop on the side.