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For me it was about 1200 songs with basically no apps. Had to upgrade to the 32 gb.

My collection is about 500-700 songs and hoping to hold some podcasts aswell and a couple of radio music apps ie tunein maybe Spotify free
 
Wow just the counted my tunes and I have near on 1000 songs being picky not to add some.

How many songs will the 32gb hold?

My guess is alot. I have a 32GB 4th gen that has over 2100 songs. That takes up about 14.5GB, the rest of my space is taken up by 2 movies, pictures and apps. I'd post a screenshot, but i dont have my touch on me at the moment. Later though
 
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