They actually aren't making 60 gigs anymore, instead, Apple has the latest video which is an 80 gig. It is retailing for 379.99. iPods will read MP3 files, but if you rip from a cd they transfer them to a proprietary file called m4a (I believe?). iPods have about 85% of the market and have 100s of accessories available.
I've had a 30 gig since August and now, I'm not sure what I'd do without it!
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