I think the talk about 'Hypercard-like' is confusing the issue. RunRev apparently gives you a Hypercard-like authoring interface on the desktop that can spit out native iPhone OS apps. Jobs at the shareholder meeting appears to be talking about an iPad app that provides Hypercard-like authoring interface on the device itself, which can be used for making interactive documents that are viewed via that app. Very different propositions.

The spirit of Facebook is already dead.

This is a great example of the kind of consumer confusion that I think we're likely to see once there are both 'MacBook Pro's and 'MacBook's on the market. Great naming scheme, Apple!