It may not the product we've all been waiting for, but the new iPod shuffle is now available.

Nearly half the size of the original, the new iPod shuffle is just half a cubic inch in volume, weighs just half an ounce and features a minimal aluminum design with a built-in clip, making it the most wearable iPod ever.

The new iPod shuffle contains one gigabyte of flash memory -- 240 songs -- and costs $79.

(Like how we are starting to see some downward pricing pressure on Apple ... )