Nope...I've had this argument before...the cheapest, LATEST iPod Touch is $299. Go to apple.com and look. http://store.apple.com/us/browse/home/shop_ipod/family/ipod_touch
If you (or others) feel like buying last year's model or 3 generation ago's model (in limited configurations due to what's left hanging around the warehouse of a retailer)that's your prerogative.
If that's what you meant, then that's what you should have said. Did I touch (iTouch