Will trackpads eventually replace the mouse?

With the advent of Apple’s new Magic Trackpad it got me wondering if we will start seeing multi-touch trackpads with gestures begin to replace the mouse as the typical desktop computer interaction tool.

I realize that the mouse will still be necessary for certain professions and tasks like gaming, but for the average joe, will we typically see a trackpad next to the keyboard in 10 years? The advantages of multi-touch with gestures is that you can interact more directly with the machine and it feels more natural once you get the hang of it. What do you think?