I have bought and played the game on my 1G ipod touch.
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pros:
1. The menu system is good
2. It includes 99% of the desktop version's content
3. I can imagine it must be pretty good playing on an ipad w/proper weapons menu, no lag etc.
cons:
1. The landscape looks blurry
2. It lags a lot (probably due to my low-spec device)
3. When I want to pick a weapon, it takes a long time to load.
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All in all (at least on my device), it needs heavy polishing (where possible as I understand hedgewars isn't exactly optimized for mobile usage).
Pit has finaly returned. FINALY.