Is this the iPad 3?

This photo comes from a Chinese source, Apple Daily, claiming it's the iPad 3. The source claims the new design is more tapered at the edges, but otherwise looks mostly like the iPad 2.
But the big surprise is in the camera. The photos reveal that the lens does indeed look bigger than the camera lens on the old iPad. This suggests an improved camera, which was to be expected. However, Apple Daily also claims the new camera is an 8 megapixel camera, putting it on par with the iPhone 4S.

Does the iPad really need such a good camera though? The old adage is "the best camera is the one you have with you", but how often would a person rather pull out their iPad than their iPhone?

The source finished up their article by claiming Apple would be releasing the iPad 3 on March 7th. Either that, or revealing the iPad 3 on the 7th... it's hard to always trust the Chinese translation.
via AppleInsider and Apple Daily (Translated)