Update: It seems that Skype pressed the big red button a bit too fast. In a tweet, the company explains that the application “went live prematurely” and has now been pulled.

Update 2: And a few hours later, the app has returned. Download away!

Finally you can do away with the oversized iPhone version of Skype on your iPad because the official app is available for download.

The app works over both Wifi and 3G and brings everything you’d expect: video calling, voice, chat, Skype credits, and a sweet iPad optimised interface. It isn’t a universal app so you will need to download the app separately for the iPad.

The app works on iOS 4.0 or above and will both send and receive video using the front or back camera on iPhone 4, iPad 2nd Generation, and iPod touch 4th Generation. Naturally, 1st generation iPad’s will only be able to receive video.

The app still appears to be rolling out in iTunes so if you haven’t got access just yet, sit tight. In the mean time, whet your appetite with this video ad that leaked just over a month ago.

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