At today’s fall Apple announcement, the most innovative and interesting iPod nano ever created was demoed.

The New iPod nano is 46% smaller and 42% lighter than its predecessor, making it close to the size of a saltine cracker. The device has a multitouch interface just like on the iPhone and iPad. Also, like its predecessor, it features Nike+ integration, FM radio and iPod-only features like VoiceOver which can read back song titles and other information.

The tiny touchscreen iPod will have 24 hours of music playback on a battery charge and a built-in clip for attaching it to clothing. For those who do clip it on, you can rotate the display by simply using two fingers, making it usable from any direction.

At a price of $149 for the 8GB and $179 for the 16GB, the iPod nano will be available next week. It will be available for pre-order on later today.

With multitouch coming to the iPod nano, we can only dream of how far Apple’s multitouch will take us. What do you think? Is more multitouch a good thing? Will you consider buying a new iPod nano? Let us know your thoughts in the comments box below.