It appears the iPod touch is in for a redesign also. According to Macotkara, a chinese blog the next next iPod touch could have the same size LCD screen with new iPhone.
The article states that “According to asian source, new iPod touch (5th generation) will have 4 inch LCD which is the same size with coming iPhone 5. The CPU or other spec is considered to be same with iPhone 4S, and has different back-case design, which will be not mirror polished but buffed alminum one. And it seems to be prepared black and white color model.”
“This source told us, this iPod touch has an additional hole on lower part of back case rather than camera, but he has no idea what this hole will be.” the article reported.
Source: Macotkara