I'm sorry, but this is definitely not enough to warrant $300+ for an iPod. If Apple wants to have some kind of update schedule, then let it be every couple of years, and skip the minor updates. All the minor updates do is keep the cost of the iPod higher.

Think about it. It's smaller, which means new casting molds. Button and scroll wheel technology that is a little different, but not much, costs in redesigning or modifying the insides.

And now, the overall cost of the iPod hasn't been lowered to accomodate the lack of a dock, or remote. I don't find either of these items important, but shouldn't the cost come down at least $50 or so?