I find this topic very amusing considering where we are, but I shall try to help.
First, check out this short movie http://www.ipodsdirtysecret.com/
I have owned an IPOD for about 5 months. I purchased the 20 Gig unit (5000 song capacity) for around $279.
Okay, I'll start with the good.
Once you download the ITunes software and arrange yours songs with the proper ID tags, the software flows seemlessly with the Ipod. Transfer of songs is intuitive and easy. You don't have to be a "techie" to work the Ipod or to transfer music. It is basically plug and play.
The head phones are "average" at best. I've exchanged my headphones for the standard headphones I have from an IRiver product I have. The IRiver headphones were much better.
Navigating the player is a joy. Very easy to use (again very intuitive). Right now, I have about 1500 songs on mine and I use it everyday. My commute to the office is about 1hr 10minutes each way, so I set it up on "shuffle songs" and everyday is something a little different. Kind of cool.
And now for the bad....
Battery life, battery life, battery life!!!! It is just ridiculous. Apple advertises it as 12hrs per charge. That is about as honest as OJ simpson.
I can get two full commutes on one charge 4.5-5 hours... nothing more. That is terribly disappointing. I've called Apple on this several times, but I get nothing in the way of feesable solutions. Furthermore, the word now is that if you have to change the battery, they will replace it for about $50 (as opposed to $250) like it use to be.
Overall, I like my IPOD, if it had a better battery life, I'd say that I would HIGHLY recommend it, but can't because of the poor performance of the battery.
You do have options. See the JetAudio IAudio M3 and the IRiver H320. Both are said to have MUCH better battery life. In the end, if you buy the IPod knowing the battery stinks, it might not bother you.
Hope this helps.