I just got one and I'm obsessed with it! I use it when I'm working out, tanning, etc. I also have the attachment that you can get so that in your car you can play it on the radio (you have to tune in to a station not in use I think I use 88.1fm here in chicago and then you can listen to all your music on your IPOD) It beats carrying all my cd's around. I'd say go for it because it's definitly worth the price. The only reason you might want to wait is if they are coming out with new stuff at the end of the summer/september. Also, if you order it online, you can get your name ingraved on it for free (at least I know you can with the regular sized IPods, i dont know about the mini ones)!
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