4G iPod

Ok, here's what else we know: the next-gen iPod is supposed to have a battery life of 12 hours, roughly a 50% improvement over current models, is one millimeter thinner, new menus, multiple playlists, a variable speed control for playing songs faster or slower (iPod DJs are gonna love this), and drop in price of a hundred bucks (the 40GB will cost $399, the 20GB will cost $299, and there won't be a 15GB model). No 60GB model, apparently, though that could change in a couple of months when Toshiba's new drives start shipping.

[Thanks to everyone who sent in these links]

UPDATE: That Newsweek link is currently down, but MacDailyNews picked up most of the important details.

UPDATE 2: Looks like that pic is a fake.

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Even more on the new iPod + another pic