My wife bought me a 1st-gen. 32 gig iTouch for my birthday in July, but as soon as I heard Apple was updating the line (with rumors of audio-in recording) I took it back for a refund. I'm a reporter and would love my next Touch to replace the glitchy recorder I use now. Any idea on a program and external (non-headset) mic to use? Furthermore, will there eventually be potential for high-quality recording using a split-mic for example? I know it probably won't approach a minidisc recorder ... Finally, I am usually the kind of person who can wait and wait and wait forever for something, but do those who follow Apple releases consider it worthwhile to wait for the 64 gig or higher versions? How long a wait? One factor to consider is that we are expecting our first child in May, so after that point I probably won't be buying myself things like iPods for awhile!