Cheaper iPhone, Touchscreen iPods in the Works?

Cheaper iPhone, Touchscreen iPods in the Works? : Gina Hughes : Yahoo! Tech
: "I knew it wouldn't take long before we heard rumors about the next generation of iPods and iPhones. According to Reuters, there are two theories out there: one is the release of a cheaper nano-like iPhone, the other is a new generation of iPods with touchscreens."