Touch or Phone?

I am not a big techie guy... but I do appreciate gadgets. The most recent one... the iPod Touch. I had the chance to test it @the PowerMac Center in Greenbelt 3. It’s so cool! The 16GB can store up to 35,000 songs and up to 20,000 photos! It has a 3.5-inch diagonal wide screen multi-touch display (no need for a stylus). It has Wi-Fi, too! I was able to log in to my Friendster account in a flash! What’s more important is that it is an Apple product... and I love the brand. My friend Carl said that its’ only difference from the iPhone is that is has no phone capabilities. Hmmm...which shall I choose? I guess I better wait for the iPhone then. I want it all-in-one! Anyone wanna buy my Nano? :-P