Some of the users have pointed that there are still bugs in the video recording functionality ,
- Video recording not working with the new iPad with the retina display
- Video are upside down when uploaded to online sites like YouTube, etc…
the Ipad 3 recording issue will be fixed with the next update soon,
unfortunately the upside down problem is much related to how iphone/mac treat the video’s and might take longer to fix,
doing a little search on YouTube, i found plenty of cases( & solutions) with iphone videos flipped upside down
UPDATE : A fix for both issues is already on the way with the new update 
with bundle of improvements
Color Lake
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