I'm pretty sure apple put the video camera on the nano to help sell more nanos, and didn't put it on the iTouch so that people would have to buy the iPhone instead. It make sense if you think about it: before, nanos and touches didn't even compare. Putting a video camera on the nano makes it unique, and a lot of people will buy it for that reason. The iTouch pretty much sells itself, so they don't really need to upgrade it that much. They'd rather you buy the iPhone which would make them more money. That's my take on it anyway. Looks like I'll sit tight until the next iTouch is announced.