What should I do w/iPod? Buy, wait, sell??

May 17, 2004 I bought a refurb 3G 10G iPod for $210.

This iPod is great and still great. However, May 17, 2005 is fast approaching (warranty gone).

I would like to buy a 5G iPod if they are as exciting as they are anticipated when they come out. But, what should I do in the meantime? Should I:

1) buy applecare and keep this iPod until the next Gen. come out?

2) sell my iPod for about $180 (w/ dock, remote, carrying case, cables, charger...) and buy a mini w/ education discount?

It would probably be cheaper to do go the mini route, than it would to buy applecare on an already old iPod and try to sell it even further down the road when a 3g is 2 generations behind...

Also, it would also probably be easier to sell a mini when the 5G comes out because most likely, the minis won't be updated by then, so it will still be like a new mini. However, I like my 3G iPod!

This is my thoughts, what are yours?

Of course! I'm not going to dump iPod living for hopes of a new iPod soon.

Keeping my iPod without buying applecare is an option... but I just don't think it's a smart way to go. It's getting older and the battery life is diminishing. It would be a lot harder to sell an older iPod without warranty I believe.

I could do that, but I don't really need to yet as the battery is still good. For about the same price I could buy the extended warranty (edu)...

I don't know...