The 3rd generation iPod touch is compatible with all of the things that iOS 5.0 brought, unlike the 2nd generation, which looks the same. It is thin and light, but its shiny metal back warrants a case to prevent scratches. Its display is nothing special, but is bright and responsive. iOS 5.0.1 is the newest version of iOS, and is compatible with the 3rd generation of the iPod touch. iOS 5.0.1 is great and is the best for most customers of devices like this. Its speakers are nothing special, not loud or particularly accurate, but once again, are fine. Its processor is fast enough now, but many games (and new versions of iOS) will become incompatible over time, as it is old. Its battery will last a day for most people in use similar to that of a smartphone. This is still available refurbished from Apple for a great deal, which for some people is better than the newer iPod touch.