The new iPod Nano has an improved screen, and will be available in 8GB and 16GB. Its latest component, the video camera, we think will bring Apple much closer to the likes of portable video camcorders like Flip. Otherwise, its design hasn’t had too much of a makeover.
Though it doesn’t do HD or stills, it will capture VGA videos, 640 by 480 pixels, up to 30 frames per second with AAC audio. The new iPod Nano will also feature FM radio with iTunes tagging and live pausing.

Here are the main highlights…
Storage capacity: 8GB for $149USD, 16GB for $179USD.
2.2-inch color display. 240-by-376-pixel resolution at 204 pixels per inch.
Battery: 24 hour playback for audio, 5 hours for video
Video camera. H.264 VGA video, 640 by 480 pixels, up to 30 frames per second with AAC audio. Real-time special effects include: Sepia, Black and White, X-Ray, Film Grain, Thermal, Security Cam, Cyborg, Bulge, Kaleido, Motion Blur, Mirror, Light Tunnel, Dent, Stretch, and Twirl
FM radio featuring iTunes tagging and live pausing
Pedometer and accelormeter
Built-in mic and speaker with voice memos
Genius features
Voice Over kit featuring a multiple number of languages
Variety of colors, but two of those colors — yellow and red — are in-store only.
Environmental features: Arsenic-free glass, BFR-free, Mercury-free, PVC-free
Now available online via the Apple Store.
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wow looking great.. nice but the price is so high