The rumors of an Apple Tablet have been persistently pushing around RSS feed readers for the better half a year. The move would be a pretty obvious one for Apple and the fact that they’re working on some sort of iTablet is assumed true – the rumors now are all about what will come to fruition and when. What makes the Tablet rumors harder to gauge is that Steve Jobs has himself killed two iterations.

[image via gizmodo]

But the most recent word from iLounge.com seems very credible and very possible. Here is the skinny:

• Named iPad
• 3 separate prototypes exist
• Current version has 10.7-inch screen
• Runs iPhone OS
• Looks like oversized iPhone 3G
• One version will have cell connection (3G) the other will work like the iPod Touch (Wi-Fi)
• 720p resolution (estimated)
• Media player to compete and surpass Kindle
• Announcement January 19th 2010, Launch in May or June 2010

There is only an 80% chance that this version of the iPad will make it to market. Steve Jobs could kill this one as well – he killed rounds 1 and 2 for poor battery life and insufficient memory, so we should hope that this version passes the Jobs’ test.