To date, the iPod touch has been attributed to the description of “an iPhone without the phone or data capabilities” in its simplest. That is still accurate, but a recent rumor about how the next iPod touch may include options for 3G data service shakes up the differences between it
There's some cool stuff inside Apple's recently-introduced iPod nano 5G media player, including an incredibly tiny VGA sensor and for those looking to take a gander, the guys at iFixIt have already posted a teardown of the device.
TechCrunch has word from a source in Asia that Apple recently ordered up a big heaping pile of camera components like the ones they use in the iPhone. The pile is so big, the source says, that there's no way they could just be for iPhone 3GSs. They speculate that based on the quantity, they are destined for use in the iPod and iPod touch lines.