Works on Lion 10.7.2 (despite the Nvidia driver bug)
I downloaded this app because AirDisplay stopped working on my system after an upgrade to Lion. Apple has a bug fix in the works for the Nvidia GeForce driver, but I need my external display.
For those having trouble with lag - remember to turn off Bluetooth, and check your WiFi connection - the better your router setup, the faster a WiFi-based display will work.
For those who are confused about screen resolution - the iPad works the same as any external monitor, using its native resolution (1024 x 768). If you want the resolution on your primary monitor to match the iPad, you can adjust it in System Preferences > Displays (but I dont know why youd want to).
brassknucklenerd about
iDisplay, v2.0