It plays music but not very loud...
really? Mine plays it pretty loud. Even when I'm in the cafeteria at school I can hear mine over all the noise. And when I'm just in my room or someplace quiet then I only have to put it to about half to be satisfied with how loud it is and being able to hear everything perfectly without having to strain to hear the song at all.
How about the quality though? It's probably pitiful.
I just got my iPod touch about an hour ago and I must say that the speaker is not that bad.