The new iPod nano was announced today alongside upgrades of all other iPods (besides the notably absent classic). It got a touchscreen display with the multitouch features Apple is known for. If you turn it around expecting to find a camera lens, though, you’ll be disappointed. The nano’s traded that in for a clip.

The new form factor is quite small (only marginally larger than the shuffle, in fact, at around 1.5 inches square). The 1.54-inch TFT touchscreen boasts a resolution of 240×240, which should be plenty for showing off the album artwork or even getting a look at some of your favorite pics. It could also work well as fancy watch, as one Apple exec is planning on using it, according to Jobs.

Despite the presence of the touchscreen, the new nano is not without physical buttons. There’s a sleep/wake one on top, along with who physical volume +/- controls. Ports on the bottom include a 3.5mm headphone jack and the standard 30-pin dock connector.

Multitouch features include swiping to navigate the home screen, and to return from the home screen from anywhere. You can also swipe up and down to browse through lists, and rotate using the two-finger gesture iOS users are used to. Double-tap on photos to zoom, and touch and hold to re-arrange your home screen app icons.

Shake to shuffle, Genius mixes and playlists are also all included, as is FM radio with Live Pause. VoieOver is also included, as is built-in Nike+ support. As Jobs pointed out, the nano is probably the best option for those looking for a fitness-specific portable music device.

I probably shouldn’t even dare to dream, but if Apple eventually allows third-party devs to create mini-apps for the new nano, I’ll grab one in a second. It would make an awesome feature watch clipped to a wristband, though it would be even better with Bluetooth A2DP support for stereo headsets.

The new nano comes in seven colors, including a (PRODUCT)RED special edition, for $149 for the 8GB version, or $179.00 for double the storage capacity at 16GB.

Anyone getting one of these?