The New iPod Touch

The new iPod touch is purposely not as good as the 5th generation, that's because it's just the 4th generation but upgraded, nothing big. (Apple is still selling the 5th generation as the main iPod touch). I think apple is just trying to give us more of a variety in their products.

There isn't much difference with the looks, the 4S has no back-facing camera which means no decent photos, and the front facing camera is capable of 720p video recording (the same with the 5th gen). The 4S doesn't have a "Loop" or the strap (unlike the 5th gen). The microphone has been transferred to the top of the iPod. The 4S still has retina on its new 4 inch display (the same with 5th gen). The 4S comes with the lightning plug and earPods (the same with the 5th gen), and it only comes in Black & Silver and one size, which is 16GB (unlike the 5th gen) .

4S: (16GB) Price for AU $249 but if you are in the US $229.

5Th: (32GB) Price for AU $329, US $299.

iPod Touch 4S 

iPod Touch 5th Gen

For $80 more you get, twice the memory, you can choose a colour and you get the camera and the Loop. So if I were you I would chip-in to get the 5th generation.