The new and improved iPod Touch 5th Generation 16 GB economy model now features a 5-megapixel iSight camera, bringing it up to par with its 32 and 64 GB brethren.

Let's take a look at the technical specifications:

4-inch (diagonal) widescreen Retina display with Multi-Touch IPS technology

802.11a/b/g/n Wi-Fi (802.11n 2.4GHz and 5GHz) + Bluetooth 4.0

5-megapixel, 1080p iSight camera with LED flash and a ƒ/2.4 aperture FaceTime 1.2 MP HD camera capable of capturing HD video (720p) up to 30 fps

New iPod touch loop

Three-axis gyro + accelerometer

16 GB storage capacity