APPLE/The iPad will have just a smattering of competition for the holiday season, but nonetheless, Steve Jobs says he is basically reinventing Apple’s tablet as consumers prepare to hit the stores over the next five weeks.

Apple on Monday announced the latest software update for the iPad, bringing multitasking, AirPrint and a few other goodies to the touchscreen tablet.  While these features are certainly nice (they came to the iPhone earlier this year), Jobs took it a bit further. And he of course didn’t pass up an opportunity to smack his tablet rivals, which include Samsung and Research in Motion.

“iOS 4.2 makes the iPad a completely new product, just in time for the holiday season,” Jobs said in a news release. “Once again, the iPad with iOS 4.2 will define the target that other tablets will aspire to, but very few, if any, will ever be able to hit.”

The new version of iOS — which Apple teased last April — also comes with Game Center, so users can play against each other; AirPlay, which allows streaming content from the iPad to Apple TV; and the ability to organize their apps into folders.

Apple is also making the popular Find My iPhone (or iPad or iPod touch) software free on all the iOS devices. Via an app users can locate a missing iPhone or iPad on a map and have it make a sound. You also remotely lock or wipe data from a lost device.