New iPad Stand Uses Magnetic Joing For Positioning

Another Kickstarter project, MiStand, that uses a neodymium magnet and ball bearing to add flexibility and control to their iPad stand. I imagine the magnet they use must be pretty large to hold the iPad firmly enough.

EDIT: Totally unrelated to magnets, but if you are looking for a cool stand for your tablet or smartphone, you should have a look at The Gerp.