Well we knew this was coming; the iPod Touch has been updated with a truck load of new features. The Retina display, A4 chip, FaceTime and HD video recording are it’s key new features as well as the features released with iOS 4.1. It has two cameras, one on the front, and one on the back which is HD. Just like it’s big brother, the iPod Touch can edit video using iMovie. You can call either an iPhone or new iPod Touch over WiFi using FaceTime. The prices have been increased to $229 starting price which gives you 8GB of storage. $299 will get you 32GB of storage and $399 will get you 64GB. The new iPod Touch is available for pre-order today, and will be shipping next week.