First post so Hi all
Yes its worth it, i got mine as a Christmas present... Already had an IPod so i want too sure i would get too much out of it but this is one of the coolest devices i've owned and im a bit of a gadget freak, i have a PSP, numerous pocket PC's IPODs and none of them compare, well the PSP kicks in the games department but.
On its own its quite cool though without tactile buttons its function as a music player is not quite as good as the nano or classic ipod but still very good. Watching video on the iTouch is great and Mobile Safari is the best browser i've ever seen on a mobile device, it handles most websites with ease as long as there isnt too much fancy flash stuff. Oh and youtube mobile is hours of entertainment just like on the computer.
Once jailbreaked though the iTouch becomes one very powerful device, full PDA functionality, VNC, telent, shh, PDF viewer, email etc etc. With the BSD core the possibilities are endless and i can see some very cool things to come in the future for this relatively new device. The design and OS are quite impressive once you crack it open especially if you are familiar with UNIX/Linux.
Hope this helps
oh yeah if you can get the iPhone where you live that is obviusly a better choice, the olny thing I hate about the Itouch is having to carry a phone as well.