vPod but not necessarily for the US.
A pod that could handle picture or movie files as conveniently as an iPod handles music would work to a point in the US, but to tie into Apple's need to do things properly, I reckon it would be better launched in certain parts of Asia where broadband is done properly.
The pod is a digital hub. Whatever the media in question, an Apple i, v or e pod holds the music or the movie files that you can take wherever to link into a dedicated media device.
For music, the files are small, easily and quickly downloadable on a bog standard connection. The iPod happens to be a great portable playing device, but plugged into a stereo system it is a hub, ie a top dog jukebox with up to 10000 songs to do all sorts with.
Primarily a movie media pod could be a smart ass storage device that plugged easily into a TV. Of course it would have a view finder, but so does a video cam but you dont think the view finder as the correct way to view images. You can watch on the move, but that is not the point and you acknowledge it would kill your battery.
To make Apple's vPod type gizmo a cut way above anything else in the video department, it would be filled with the movie content you have downloaded seamlessly from an Apple store. At this moment in technological time, that movie content in the US and most of Europe could conveniently be almost anything except a full blown DVD quality movie - tv shows, short clips of sports events, basically material that is from the short side of moving picture land. But in places like Korea where broadband is done properly ie minimum 2MB and up to 20MB connections for consumers! full length DVD quality movies could work.
So instead of taking a laptop, or DVD or CD around to friends, and gathering around a computer screen, which Steve Jobs thinks sucks the big one, you take your collection on your vPod and plug it into a TV, which is the, dare I say "natural way" of viewing images.