Or is this the iPod Flash?

iPod Flash

CultOfMac has posted a computer generated mockup (made by Isamu Sanada) of the iPod Flash, and unlike TheMacMind at least they are not claiming it is based on official insider info.

This one is shaped more like the packinging for certain brands of birth control pills, but is also a really interesting concept with the whole iPod Flash being a scroll wheel with a small screen in the center.

Interesting design but a bit too out there even for Apple in my opinion.

More at CultOfMac