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Why you'd want to record your next indie music hit onto an easily losable, low-fi handheld with a fragile hard drive instead of onto a nice Mac or PC computer is a mystery. And if you do, make sure your iTunes is set for manual synching, or else it will erase your precious creations whenever you dock the iPod.
hmmm only use is if your on the bus randomly carrying it and have an inspirational moment and have to instantly record it at that moment or lose the song for ever, but i don't think that happens to alot of people....