Apple just concluded another event, and boy, iPod lovers were treated to not just one, but two new toys to drool over. The iPod Touch inherits the beauty of the dominant touchscreen from the iPhone and Wifi connectivity, while the new iPod Nano gets an upgrade with a larger display and improved user interface, despite shrinking in size.

Personally, the new Nano looks like an obese kid due to its wide size brought about by its large screen. Feature wise, however, this new kid isn’t a slacker because it packs in most of the video iPod’s features in its redesigned body.

The iPod Touch, on the other hand, can easily be mistaken for the iPhone and is, in reality, a stripped down version of the mobile phone. Of course, being the maiden models of this new series, capacity-wise, the 8 GB and 16 GB model fails in comparison to current iPod models that come in 30+ GB sizes.

Other announcements include the beefing up of the iPod classic’s storage to 80 and 160 GB, the iPod Shuffle (Red) edition, and the new iTunes Wifi Music Store service, and a tie-up with Starbucks.

Oh, and for those iPhone seekers, Steve also slashed prices of the 8 GB model from $599 to just $399. Available immediately from their online and retail stores. Of course, this is limited to the US only. It could make a mighty fine pasalubong, don’t you think?