9to5mac, has some spy shots for the new iPod! It has the same form factor as the iPhone with some notable exceptions:

• Outside rim is black, not silver like the iPhone and more flush with the screen like the 5.5G iPods not rounded like iPhone
• No ear speaker or microphone for phoning
• Thicker – slightly

Things that are the same:

• OSX Embedded OS
• 480×320 screen
• Coverflow-enabled iPod application
• Single button home navigation

Things we wish we knew:

• WiFi? (This is the Capper)
• GPS?
• NAND RAM and/or 160GB Hard Drives configs?
• Cost? (Like it matters)

Now, we just have to wait for Apple to officially announce this product and then this product will be selling out everywhere this Christmas season.

Here is a mockup photo of what it is: