With the latest iPod Touch Fourth Generation, Apple has managed to close the gap between what its portable media player and iPhone are capable of. We think an apt way to describe this latest edition as an iPhone without the “Phone” capability. They have put the Touch on a diet, slimmed it down and beefed up the feature list and maintains it to be one of the most versatile hardware you can drop in your pocket. The reduction in dimensions has not stopped Apple from squeeze in a super sharp Retina display, couple of cameras and the A4 processor that did it for the iPhone 4 and iPad. These hardware upgrades has allowed Apple to include a plethora of new and interesting features such as the FaceTime calls, and Record and Edit videos just like what you can do on the iPhone 4.