It wasn’t too long ago that a rumor emerged that Apple was to
add cameras to their line of iPods.  Now iLounge says their
inside source has provided enough detail on the next generation
Nanos to produce an accurate mockup as depicted above.  As you
can see the camera takes a rather low position on the Nano’s
back, which is rather counter intuitive when you think about
where your hand would be while gripping the player. 
Additionally, they say the screen’s aspect ratio has gone from
1.33:1 to 1.5:1 and the click wheel as well as the center button
has been shrunk in size.  Supposedly it will debut sometime
between July and September; I’m going to say Julyish so that
they can capture the ‘back to school’ crowd, although
traditionally this time of year has been used to sell of
excessive stock.   Christen Costa