I have seen a lot of negativity posts on here recently about the 4th gen iPod touch, namely the "terrible" camera, light bleeding issues, overheating... etc. Well, I'm pleased to say that I purchased my new 32GB iPod touch 4 from JB HiFi (an Australian tech retailer, http://jbhifi.com.au), along with a friend who bought an 8GB model, and am pleased to report I have had no issues with either of them. Both of them have serial numbers beginning with C3. I am very happy with the Retina Display, personally I have compared the iPhone 4 in the local Apple Store to my new iPod and see no difference between the black levels or IPS. The lower RAM hasn't been an issue for me, I have been able to play games, swap in and out of apps, etc. etc. at lightning speed - something I could never do on my 2nd gen, where I would have to wait up to 30 sec before going into another app because otherwise performance would be as slow as a snail. This is terrific, I have had almost all my apps open in multitasking without a slowdown. I have only had an issue with it getting slightly warm while using the camera for an extended period of time (20+ minutes, continuously), but otherwise no issues with overheating. Speaking of camera, while I would have liked it to have been the 2MP camera from the original iPhone, or even better the 3MP from the 3GS, the quality hasn't phased me too much. It's good in natural light, and it's useful for the memory of the subject. Don't even bother trying to zoom, though - it produces positively *awful* results. Personally, I actually have a hunch that the camera is actually of higher quality than it appears to be - possibly 2MP - but Apple has decided to lower it so they can boast of the "magical" upgrade in iOS 5 next year. Don't quote me on it, it's just a hunch. One problem that I have found is app compatibility. There are some apps that seem to have been updated for the Retina Display, however, when I download these updates, it appears that it's not recognising the iPod touch 4 as having a Retina Display, and shows a pixel-doubled view instead. However, other apps are fine. The same goes for icons - they look terrific on the App Store, but I download it and get the 57x57 version instead of the 114x114 version (this goes hand-in-hand with "Retina Display compatible" apps being not Retina Display...) Other than this, I am extremely pleased with the new iPod. The new speaker is also of a much, much higher quality than the 2nd gen's one, too, which is great. All in all, I am extremely pleased with the upgrade.