It is rather handy. I was playing some board games with my daughter the other day, and had my nano playing a kid-friendly playlist on shuffle. It worked out pretty well. I was able to hear the music well enough, and I didn't have to deal with the headphone cords.
dude, i know, its the best speaker for an ipod yet. AND it doesnt just come out of the bottom ports, it seems like its coming through the clickwheel, or aimed at the clickwheel, so its more directed toward you!
Seriously, I hate the iPod Touch speaker, I thought they would have at least updated it for the newest models in which I bought, or at least put some breather holes, but nooo!