Continuing the discussion from New Ipad are dropping today. 
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How does the hover pencil work with shaprd? Considering buying new iPad for this feature. Thanks
Hover is fully supported, and works nicely
I think the bigger question is where do you upgrade from. In my personal opinion, if you are on an M1, it’s not a big enough change / feature to spend the money on. If you are on any older iPad, go for it. Not just the pencil hover, but in that case the more memory, stronger chip, lot better display worth the upgrade.
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