Though I am not a major fan of apple, largely because of its price factor, I almost always am awe with the kind of products it releases.
When iPhone was released, it was really a WOW product, execpt for the fact that it was tied to a particular operator and a particular country (US...). And the only thing that I didnot like about it was that it would not be available in India for a long, undecided time.
But, now Apple is introducing iPod touch (http://www.apple.com/ipodtouch/) with all the technologies borrowed from iPhone, except you can't do a phone call. The WiFi access is a cool option, but remains to be seen if i can access gtalk or skype on it. I guess with this Apple has really beaten MS's Zune, though the later was never quite near the competetion.
And I see no reason why iPod touch should be available in India as soon as its released in US :)