"The new AppleCare+ plan will cover up to two incidents of accidental damage, with a $49 charge for service. That means if you drop your iPad and shatter the screen, or accidentally dunk it in the bathtub, Apple will repair it or replace it, no questions asked, for a $49 fee."
In case you missed this comprehensive review of the new iPad (4) with Retina Display. Good coverage spanning all versions of the iPad (including mini) and recent iPhones in the performance benchmarks. YMMV ;-)
"Since you'll want to keep your baby as finely tuned as possible, you'll need to keep track of everything that happens. Pencil and paper may work fine for gearheads, but parents need a bit more horsepower. For bumper to bumper coverage, Total Baby is miles ahead of the competition. And with that, we're done with the car references -- let's talk about the app!"