macrumors.com said:Apple today added new models of the iPhone and iPod touch which have double the memory. The new 16GB iPhone is available for $499, while the 8GB model remains at $399. The 32GB iPod touch comes in at $499 while 16GB and 8GB models are priced at $399 and $299, respectively.
http://www.macrumors.com/2008/02/05/apple-announces-16gb-iphone-and-32gb-ipod-touch/