I wouldn't get it for space, if I was you.
If I were to get it, I would get it soley because it's an iPod and the hippest thing.
But if I had $299 to fork over, I'd get a 160GB Archos 504. Tastey.
And if I had 100 more bucks, I'd get the 160GB Archos 605 wifi. Tastier!