No, I have one and was trying to get it. The software on it won't let the new Instagram app download. ):
No you can not ring off a ipod touch 2nd gen
for that you can get a 2nd gen out of eBay
I think
The iPod touch 2nd gen is the newest one. It is thinner, and It has the app store. I believe it also has higher storage options.
No currently there is no jailbreak available for the ipod touch 2nd gen
YES! Shazam works on Ipod Touch 2nd Gen. I called the Apple store personally yesterday. It works on 2nd Gen. only, not the 1st Ipod Touch. The Ipod Touch 2nd Gen. has a built-in speaker where the 1st Ipod Touch does not have the speaker. For Shazam to work you will have to buy a mic to plug into it to record the sound. You can call the Apple store at 800-MY-APPLE and find out for yourself if you like.
yes
no
you cant
Either the iPod nano or the iPod touch 4th gen+. you could also get an iPhone or iPad 2nd gen+
Yes the iPod touch 2nd gen. can play videos in HD.
take it back to the store and return it and buy an actual 3rd gen ipod touch