Actually I like my 1G touch better. It may have been the abused model in the Apple store in Chicago, but the 2G I listened to had audible hiss with Senn PX200's but my 1G does not. As I said it could have just been that one unit, but it certainly made up my mind to keep my 1G until they release a model with greater storage. The processor speed difference doesn't bother me as I have had no speed issues so far.