i think . . .
in my view, the price reduction was to fit in a new additional model, not a replacement, the ipod as it is, is fine and what most people want, the new top spot will be filled by a full screen (wireless?) ipod with a large HD but wont be cheap. I see this coming out soon, or in January, depending on whether they can get it out in time for xmas, if its too late theyll release it with itv for extra impact.
all speculation based on a summary of rumors and common sense, its all fun though isnt it lol