I am sooooo close to buying an iPod touch. It's exactly what I wanted out of the iphone. What would make it totally worth it would be able to listen to aac radio streams. Last time I checked iTunes didn't really like those for some reason. I guess we won't know for sure until someone gets one but... I did have a gander at the specs and it says "aac audio blah blah" supported. So maybe it's possible.