I've been thinking about getting an iPod touch for a couple of weeks now, and I've been wondering when the next hardware update will be. I realize that nobody is sure when there will be a revision, but I feel like there will be one soon. I'm leaning towards the fact that there will at least be an iPod touch price drop on July 11th for 3 simple reasons. 1. The Back To School Promotion. Right now you can either get a free iPod nano which is $199, or you can get an iPod touch for $299. This doesn't really seem to make sense, why would you get an iPod nano, when you can get a touch, and then sell it for the same price and then buy the nano and have an extra $100? 2. 3G iPhone. It is only $200 to get a 3G iPhone with 8 GB, while it costs $300 to get an iPod touch with 8 GB. I realize that the phone is subsidized, but it doesn't really make sense that Apple would make the touch $100 more expensive then the iPhone. Apple loves the iPhone, but I doubt they love it enough to hurt iPod touch sales. 3. Flash Memory. I don't know too much about this, but everyone here says that the prices are dropping like crazy, so Apple would not lose a lot of money if they dropped the iPod touch by $100. If there is any flaw in my reasoning, please tell me. I'm around 90% sure that there will be a price drop, even though my reasoning is a bit biased since I'm hoping it will drop.