MacRumors has posted an article weighing in on recent reports by analysts concerning a 16GB flash-based iPod Video player.
MacRumors notes that this is the first instance in which such a device has ever been mentioned, a quote from the analysts report states:-
While on the one hand, [the 16GB iPod video] is likely to cannibalize some of the high end NAND flash-based iPod nanos (8GB), we expect this launch to generate a significant amount of interest as consumers begin to shift from MP3 players to Portable Media Players (PMPs).