No,
Rear cam is 1.0 MP (5X Zoom / 720p HD Video Recorder)
Front facing cam is 0.3 MP / VGA-quality (640 x 480)
You see how s quality of front-facing cam and rear cam on vlog below.
[ame=http://www.youtube.com/watch?v=xCC1lD0u8LE]YouTube - TiPb goes hands on with iPad 2 cameras[/ame]
iPad 2 cameras hands-on | TiPb
I need 2 mp front-facing cam and 5 or more mp rear cam for next-gen iPad 3.