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trade 3rd gen 15 gb ipod and $50 for brand new iriver ihp120?

I advise against it. IRiver has serious firmware problems. They promised new firmware in May but so far has broken the promise. Also it's too complicated with features you don't need. I suggest you read as many reviews as you can before you buy or buy from a local place so you can easily return it if necessary.
 
I just ordered a Creative Zen touch 20GB for $221 shipped. I compared Ipod, iRiver, and the Zen Touch (just came out last month) and read quite a lot reviews and decided on the Zen.
 
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