Those who have purchased a 2nd generation iPod Touch will be happy to know that aside from its more polished look and added volume control and built-in speakers, Apple has likewise included something which they failed to mention when it was launched: a faster 532MHz processor.

The inclusion of this new processor translates to a 30% boost in overall performance which makes the 2G iPod Touch the fastest iPod to date. Heck, it’s even faster than its more versatile twin, the iPhone. It makes you wonder though; with the iPod Touch already offering 32GB capacities and now touting a better and faster processor, when will the iPhone get blessed with such features? Isn’t it about time Apple did some major upgrading in the iPhone’s hardware considering that it is, after all, their flagship mobile phone?

My guess is that it won’t likely happen this year, but next year is a completely different story. We’ll just have to wait and see, won’t we?