New iPod Touch 4 with Retina Display, FaceTime and HD Camera

Also announced at the Apple Media Event 2010 is the new iPod Touch 4 with Retina Display, FaceTime and HD Camera to take photos and shoot videos.

Here is a break-down of all the new features of this beast compiled by Gizmodo.

• It can record 720p high definition video and take photos with its back camera.
• It can FaceTime with other iPod touches and iPhone 4s, using its front camera.
• It runs at the same speed of the iPhone 4, using the same Apple A4 chip.
• It incorporates the same 3-axis gyroscope of the iPhone 4, which makes motion tracking more precise than just the accelerometer.
• They have also increased the amount of playback time: 40 hours.

It will be available next week for $229 (8GB), $299 (32GB) and $399 (64GB).