I would not say that the iPod Touch 5 is going to come out anytime this year. According to one of my friends, he had went to one of the iPod Touch Classes I don't know if anyone has heard of it.... but anyway he had talked to one of the Apple Managers/Workers about the rumors of the new iPod Touch 5th Generation and he said that they didn't even have a prototype made of it, but as always I wouldn't fully trust an Apple Employee on that because they would tell you that so you would buy the previous generation so when the new one comes out you would want to buy the new one. Of course they are probably just doing it for the money
. IF and only IF a new one were to come out even this year, I would think it would come out around September to early October. Of course this is just an assumption. So if you are ever are looking to buy a new iPod Touch I would recommend to just buy the 4th Generation, but that is just my opinion. OH YA that's what else I wanted to say...... Even though the new iPod may come out this year the updates on it are supposed to be very minor. For example there is only supposed to be like a small ram and prossesor upgrade and mabey a few bug fixes here and there...... BUT it may as well be just as good as the 4th Generation iPod Touch. THAT is why I would recommend to just go with the 4th Generation. I myself enjoy all of the features on the 4th and I would agree that the features suite me and that there would be no need for upgrading if a new iPod Touch were to come out.