I consider my iPod Touch (16gb first gen) to be the single greatest thing I've EVER bought. I would go as far as to say I couldn't live without it. Not just the music and video, but the apps etc...
I had MP3 players before, in fact I had a media player that played music, video, has a radio, camera etc... I was lusting after the iPod for a while. Finally justified it to myself when my media player had a mishap and fell literally 3 inches to a carpeted floor and the screen broke! Got the iPod last Christmas and have loved it ever since.
Just seeing the picture of that box makes me think back to opening it on Christmas day. Ah, memories.