Apple is listening its users and thats why they are now introducing new Multitasking gestures in upcoming iOS 4.3. With Four finger swipes, you can switch between tasks. This would be amazing for iPad, but looks awkward (at least for now) on a smaller screen of iPhone, iPod Touch.
Youtube user anotninygaard has given a video presentation of how Multitouch Multitasking Gestures are supposed to work in iOS 4.3.
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