It doesn’t automatically load the entire story once you open it; doesn’t even cache the next image. You have to wait through a spinner every time (which I’m afraid will be quite a while on a slow net connection). Thankfully, it caches the story once you’ve viewed each image, even through an app relaunch. But, the moment you start viewing another story, it flushes the cache of all other stories. Perhaps it has something to do with licensing issues, but I love the fact that I can pick up the Eyewitness app at any time and view past images (Big Picture doesn’t even launch without an internet connection).
I have to agree, I was really excited for this app when I got my iPad. Having the app now though is a bit disappointing.