I have used both the HDMI and VGA adapters with the new iPad, and both of them work perfectly. We just came back from 10 days in Florida and my son used the iPad and Netflix connected to a TV via HDMI every day without any problems at all. He also watched a bunch of movies with AvPlayer HD as well. The ability to charge the iPad while watching a movie is awesome.
I purchased the actual Apple adapter for like $40 or so.
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