This is just a rumour right now; we'll know by end of day whether it actually comes to pass. But just to recap: Whitman is the person who spearheaded eBay's terrific growth a decade ago, yes, but also signed off on its horrific Skype acquisition and set the company up for long-term stagnation. More importantly, doesn't have much in the way of hardware or enterprise expertise that HP needs right now beyond being on HP's board of directors, which itself has been demonstrably terrible these past couple of years.
The only way this works out is if it ends with an online auction for spare 4G TouchPads. [All Things D]
Update: HP just confirmed Meg's new job.