All of the speculation and rumors turned out to be true. Today Apple launched a new, smaller 1GB version of the iPod Nano alongside a price-reduced Shuffle. The new Nano retails for 149 and draws in Shuffle users that want a sleek display. Just like the other iPods, the 1gig nano offered in white and black. This makes the 512MB Shuffle sell for only 69 with the 1GB Shuffle for sale at 99. Now might be the time for you to pick up that small music player for jogging. Either the Shuffle or 1GB Nano should fit the bill quite well (pun intended).