Thoughts so far...

The iPod Touch is a fantastic piece of equipment. It is simple and elegant with more apps than I can imagine and a fairly straight-forward interface.

I also have a Motorola Droid  and a comparison might be useful.

Likes - Touch only:

• integrates with Audible.com
• integrates with iTunes so I can get my purchased songs onto it
• tons of apps
• zoom feature
• nicer graphics
• Kindle reading app

Likes - Droid only:

• multitasking
• slide-out keyboard
• no restrictions on apps
• plays flash
• ability to move cursor with "mouse"
• can download free apps without authenticating

That's it for now, I'm sure there will be more as I go.