It is interesting to see how people are going back and forth on the camera removal. Personally I believe it is a bad move on Apples part and here is why. I have no idea of the actual numbers but I would speculate that most people that own a touch do not own an iPhone (smart phone) and vise versa. I just sold my iPhone 5 because I was tired of paying the outrageous monthly bills and wanted a replacement. The ideal replacement? Of course a touch. While the camera isn't quite as good as the iPhone I did use my phone to take lots and lots of pics. So the touch would fill that void without the bill.
However, 16GB?!? This device is supposed to be portable. Not that I would want to watch movies on it but 16GB will hold what 2 movies, then its full. Or if you want to listen to music the way it was meant to be heard CD quality then Lossless or WAV files will fill that up really fast. (btw, if you are paying $1.29 or $0.99 per song at the iTunes store your getting ripped off, by the CD and upload it into your computer) Long story short, Apple seems to be stuck in time or maybe even taking a step backwards like removing features. Maybe they should add a Mirco SD card to the touch and other devices. At least that will make them expandable. I am not looking forward to their updates in September assuming the same faster processor, better screen and same old 16, 32, 64GB memory. Pfft. (sorry for the rant, its just I am a big fan of Apple products and just purchased an Android device because Apple fails to advance)