Ok, somebody has to say it, and it seems that's been my job lately...
If the new iPod
finally supports true gapless playback, I may buy one immediately.

However, given Apple's history of apathy towards this important issue, my bet is "no way". They don't care.
If the new iPod plays video but does not fix the gapless playback problem, I think I'll go postal and take Steve Jobs hostage until he personally fixes it himself!

There's no excuse.
Seriously, it's one thing to keep pushing the envelope and working on the next big thing for your product line. If video is it for the iPod, fine, but I have my doubts. Sounds like a gimmick to me, but whatever.
It's quite another to keep adding junk, err, extra
unnecessary features to your product without fixing important, existing flaws. I know I'm in the minority, but I'm definitely not alone in wanting, or even expecting, gapless playback. The music functionality of the iPod is simply not complete until it can play an album of music just as well as a standard CD player. And for Apple to move ahead with a vastly more complex new feature without fixing this one, is negligent in my mind.
I, for one, hope Steve Jobs' recent comments regarding movie playback indicate that this update will not come with video capability of any kind. I want a flawless music listening experience. I'll worry about taking my video on the go when better tools and infrastructure exist to support it. That time is not now.