This deal has ended.
Apple.com has new inventory of their refurbished Silver 4gb iPod Nano, which was recently cut to $79, a $20 drop and $70 below the original price. The 8GB model is also available at it's new $99 price (a $50 drop) with all five colors (silver, black, blue,
pink, green) in-stock. This "3rd generation" Nano has a 2" display that plays video, an updated interface, and comes with new features like the ability to "flip" through album cover art. Despite the "refurbished" status, it comes with the standard one-year Apple warranty ($39 for two-year) that a new iPod does. The new generation of Nanos are available in nine colors at $149 for a 8GB model and $199 for the 16GB model. Shipping is free from Apple, though sales tax is charged to most states.