"New! Try faster, real-time collaboration in Google Docs"
http://imgur.com/q9uv0.png
Links to http://www.google.com/google-d-s/documents/

Also, some people seem to already use the iPad version of Docs:
"Using google docs on an ipad this morning. Beautiful interface. Easy access. I'm in love." http://twitter.com/rwentechaney/status/26479056697 (beta/trusted tester?)

I saw it yesterday too and it's translated and localized.