A video iPod would be exactly up my alley. Working in the film and television industry I want video I can carry with me wherever I go, especially my demo reel of work.
Imagine for a minute what a portable video device would do:
1. Download all relevant news clips to watch on the bus to work
2. Drop into your video rental store or even a podcast vending machine and rent a rights managed movie and download it on the spot, no late fees, low cost distribution costs which will mean cheaper movies
3. It'll all but kill netflix through being able to have so many rentals per month downloadable. The video iPod would make perfect sense for downloadable movies because it will be harder to crack any DRM encryption technology
4. a video iPod can be watched in the car for the kids, or you can dock it at home to your media center and plasma HDTV, a 60GB HD would hold at least 2-3 HDTV quality movies at a time based on the MPEG4 Part 10 H.264 AVC quicktime codec
5. A video iPod on it's own would not probably be watched on the small screen, but would be a more portable device you could take with you to plug in to larger displays. No TV no problems, play your marketing/promo video to clients over lunch at a Starbucks. It's the perfect business tool, much better than carrying a laptop to a meeting
With the co-location of the UK's media event at BBC we can be sure the news will enter the days of pod casting. With Apple's securing of DRM licenses, video podcasts already online and music videos available online, the hints in Steve Job's words hint that not only would it be a video iPod, it would have to do something spectacular. I am certain that Apple has a new video based iPod that will revolutionize the way the world sees videos/tv/news etc. The technology will be new, the accessory market Apple has been changing the licensing fees for which indicates the new iPods will be cornering new media markets.
Apple has always been a multimedia centric business. A video iPod would be right in line with their business strategies. Hmm, maybe that's why the final cut pro and Mac OSX updates have been planned for this quarter, they're waiting to introduce the new video iPod connectivity tools.
Apple introduced the black iPod Nano. This strategy would make sense, as a white video iPod would make the images look washed out and you'd lose color detail in the video. I suspect the move to black is to be able to allow the dynamic colors of video to be more easily seen on an iPod. What's more the new screens in the iPod Nano seem to indicate they're messing around with the materials to find the best screen for video playback, as on earlier iPods people rarely looked at the screens. But with video they'll be watching it a lot of the time.
Just my 2 cents from the film industry in Los Angeles.
BTW they are definitely movie theatre curtains...