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Which is better????

Which is better iphone or ipod touch
WHy?Well the ipod touch is pretty much the iphone without the phone and all the internet browsing features.You can do so many applications with the iphone. So you might as well spend an extra $100 dollars and get the iphone.I really don't understand the purpose of the ipod touch. I can spend 250 bucks and get 60 gigs worth instead of 8 gigs on the touch. Ipod touch has no good purpose. Get the Iphone