When it rains iPod-related news, it pours apparently. AppleInsider has "reliable sources" that told them a new, 4th generation iPod is nearing completion. "Most apparent, sources say, is the presence of a 2-inch color screen for displaying photos stored on the pod, from the palm of your hand"." In addition to a whopping 50GB capacity, this new iPod could have video outs for playing movies to a TV. An interesting move for Apple if it turns out to be true.
AppleInsider also has a lively discussion going as well.