This deal has ended.
This page at Apple.com now has inventory of the refurbished color iPod Nano, starting at $119, by far the best deal to-date. Most of the 5 colors (and also the Product:Red model) are available, with the 2gb at $119, 4gb at $169 and 8gb at $209. The new Nano has a 40% brighter display, is only 0.26" thin and has a much longer battery life. Shipping is free from Apple.com, though sales tax is charged to most states. These come with the same standard 1-year Apple warranty new iPods do.