What are the bad points of the iPod Touch?
Look at it this way. If you want to play games and use apps, browse the internet, all that jazz, you want the touch. If you want to carry every song you own and maybe some videos, get an iPod classic. If you are a jogger who only needs a few songs at a time, get a shuffle or nano.

Also, someone said it was slippery. This is correct. Get a case if you have a touch. I dropped my 2nd generation and shattered the screen when it hit at the corner. I have a 4th generation now and got a case for it just in case. The classic isn't as slippery, but it's always nice to have a case for any device you're going to be whipping around with you all the time.