Dusty, isn't the pixel density the same, since they pretty much just added a row onto the top of the rest of it? I'd definitely go with the new one, if you plan on playing any games on it.
If it's just for music, well, you could always do the 4th gen at large savings now, and put 170$ towards maybe a 6th or 7th gen, if they come out with a 128GB version. Without the engraving, it'd be a little easier to resell if you wanted. Just my 2cents.
**BRENT**