I like the way it works and the quality of radio it has. My only complaint is that the cord it comes with pugged into any set of headphones creates a cord that is at least 6 feet long. Even for a tall person, it makes for a tangled situation.
I see that you have an iPod Touch. You can download a radio application like AOL radio or Pandora and use those. They work very well.
If you are going to use the Nano for radio, the Apple radio remote is a good product other than what I mentioned above.
Hope this helps! 🙂