I think the 160GB ipod classic was the best announcement that came out today.
Seconded. The iPod touch is cool, but the whole reason I got an iPod was so I could fit all my music on there, have it wherever I go and not have to choose out of 10,000+ songs which ones I want with me that day. I couldn't do that; I never know what I'm going to want to listen to when.
Now my music library is 72GB, movies another 100GB (and will be more when I get round to putting the rest of my movies on there), TV shows another 50GB (and again, I've got probably 3 times as many on disc waiting to be added as soon as I get a bigger HDD for it all). That's not taking into account Podcasts, Games, or Photos. My 60GB iPod just doesn't cut it anymore.
Music is my main concern; if there's enough room for a few movies, TV shows and the like then that's a bonus.
Also, because my library is so large it's limited to an external HDD (250GB at the moment; soon to be upgraded to 500GB because I've run out of space)... not ideal when my only computer is a laptop... what happens when I'm on the move? Well with 160GB I can at least have all my music and my fave movies with me.
I can't wait to get mine; rightly or wrongly it'll be one of the first things I buy with my student loan.... hey, Apple is always pushing the iPod as an educational device too right?!