Pros Beautiful Display
Doesn't lag much
Great for games
Great for movies.
Great for music.
Great for storing a whole collection of mangas/comics.
Cons Battery life
Screen size a bit on the small side compared to tablets
no expansion slot
no removable battery
Summary The iPod touch 5th generation is the best device of its kind in terms of its pocket-ability. It does every that the most powerful android tablets can do and still fits in your pocket. People tend to forget that the iPod touch was meant to be a music player rather than a tablet. Tablets nowadays can't be used the same way you would use an mp3 player, due to the fact that tablets can barely slip into small jeans pockets for . Something else people argue about is how similar the ipod touch is to mid/high end smartphones. Some of us would rather pair the iPod touch with a dedicated mobile phone for the sake of preserving battery life.
All in all, I love my yellow 64gb ipod touch for everything it does. And to ensure I get the best of both worlds, I paired my galaxy s2 with my iPod Touch 5th gen (IOS and Android) so that I don't get jealous of either OS :). And ofc buying the iPod touch is a lot cheaper than the iPhone 5 especially when compared to the 64GB version of iPhone 5.