The first iPad ad debuted a short while ago during the Oscars. Check it out below.

Thoughts on the commercial? We think it’s okay. The song choice is mediocre by Apple standards, and the quick cuts move a bit too quickly to really appreciate what the iPad can do. Still, a pleasant reminder that the iPad is just about 3 weeks away from launch.

And lo and behold, Steve Jobs is in attendance as well! Nice to see ole’ Jobs livin it up on the town, no doubt because Pixar’s UP is nominated for 5 awards.

And can you spot Waldo, uh, I mean Jobs, in this photo courtesy of CNET?