Is The MacBook Air Faster Or the iPad 2 Better/Faster For Editing Videos?

The Macbook Air 11.6" at 1.6 Ghz with 4 GB of RAM is a pretty buff little guy.  A Mac to be certain given circumstances, it is nearly as fast as some of the 2010 Macbook Pro models with some tasks.  And with the iPad 2 as a viable option for simple consumer video editing through iMovie, I wonder if it makes more sense to do editing on the iPad 2 or the Air.

If you're on the go and don't have the time to the video back onto a Mac, I assume that's the computer that you have at home, the iPad 2 seems quick capable for simple editing.  

Based on Macworld's benchmarks and Anandtech, the 11.6" Air, 1.4 Ghz or 1.6 Ghz, is not what I would use as my main iMovie or Final Cut Express work.  

My guess is that the iPad or the iPad 2 gigahertz for gigahertz, it is no match for the Air.  However, the iPad 2 does have a pretty snappy graphics component on the A5.  So I wonder if the iPad 2 is optimized to process videos so well that it can challenge the Air in the features that the iOS version of the iMovie have.

Of course, the iMovie for the iPad is very simple.  

In a few iterations down the line, I can see the iPad doing very well for on the go directors and editors who might need to make rapid cuts for reviewing back in the studio and it could have enough power and features to do just that.  The iPad offers a lot of portability but the MacBooks are still better for faster and more complicated editing.

For now, I'll be shooting most of my video on my HD camcorder and feed the video off to my Macbook.  

Note:  If you want to shoot video on your iPod touch or the iPhone, you can use an adapter to pass off the video to your brand new iPad 2, assuming you can find one, for faster editing.  MOre at iSource.