Phil Schiller just announced a new iPod Classic, which was widely rumored to be on its deathbed. Many expected the Classic — the last iPod to be based on a spinning hard drive — to be discontinued (not us here at CoM though), as Apple promoted the iPod Touch instead. Looks like that was premature.
The iPod Classic has been bumped up to 160GB $249, the same price as the previous 120 GB model. Available today, Apple says.