content: The classic had what, 160GB storage right? Considering the latest iPhones and iPads both had 128GB models, I don't think it's too far fetched to assume that there will be an iPod Touch with 128GB storage as well. Seems damn close to what you want.  Considering also that there are tons of ways to store music on the cloud now, in addition to the 100GB+ of onboard storage, I think it'll be fine.