Apple just launched the iPad 2 to rave reviews from game developers (some think it's on par with Sony's upcoming NGP) and with more competitors entering the space, the tablets market is taking off. Unlike the console or portables market, which takes five or more years to upgrade the hardware, smartphones and tablets iterate quickly. This year's iPad is already nine times more graphically capable than last year's. Will tablets eventually iterate to the point that they're actually more powerful than consoles and become more ubiquitous as well? IG asked London Venture Partners co-founder and former Sony executive Phil Harrison this very question.