So I joined this iPod touch craze with a brand new (well, thanks to Apple it's already obsolete) iPod touch 3rd edition (32GB). After running the 4.0.2 update, it is now Jailbreak proof (thanks...again...Apple), but I get multitasking and home screen backgrounds.
The wallpapers carryover from my laptop.
To give it that "iPhone" feel, I combined the Music and Videos apps into a folder and placed it on the far right of the dock.
Even so, it still reeks of fakery...