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Big thread, not going to read it all, but I own both devices (5th gen. iPod and x51v), and here's what I have to say:
Without a doubt, the x51v wins the competition. Resolution, quality, versatility, longer battery life (stock battery). However, the iPod has it's uses too. There are times when I don't have my Axim with me and the video iPod comes in handy to kill some time (ex. Waiting for a bus). The iPod is smaller, and has more storage. That's the only advantage in terms of video.
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