The good news is that the new iPod Touch features all the cool features of the iPhone without the actual phone part. The bad news is that the hands-on video done by Jason Chen of Gizmodo will give you a level of motion sickness on par with the Blair Witch Project.
According to Chen, the iPod Touch looks very "sexy and thin" and the slick slide-and-touch interface is fully intact. You'll also notice that it has the accelerometers in place, so when you rotate it to landscape mode, the 3.5-inch screen automatically adjusts accordingly. It even has YouTube.
The 16GB iPod Touch, as per Amazon, will be released on September 30th to the tune of $399.