The main complaint against the iPhone seems to be the price point. Looking at things like the widely popular Motorola RAZR, which ended up in the mass market price bracket, I just have to believe that Apple is thinking along the same lines.
A similar form factor as the Nano, except screen taking the place of the click wheel. What else removed? Not sure, maybe no wifi? Limited storage?
Anyway, just thought I would record this crazy idea. I have no inside information, only time will tell if I’m right. And without a photoshop mock up, I’m not going to get tons of traffic :P
Update: Alexa commented and made a Photoshop of an iPod Touch Nano / iPhone Nano:
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