If I get the APP & send in my iPod b4 the second year,do I have to pay s&h?

I got my 5th gen iPod last May and the battery is already dead. I haven't gotten the AppleCare Protection Plan (APP) yet but if I get it and then send my iPod in for a new battery directly after I start my APP(before the second year starts), do I still have to pay $30 shipping and handling for the iPod or am I covered by the plan?
Also, how long will it take for me to get the plan and get it up and running? And is it really worth 60 friggin bucks?
any advice will greatly appreciated.
hp pavillion   Windows XP  
hp pavillion   Windows XP  

Shipping is covered for the life of the plan (2 years from date of purchase of iPod).
Also, how long will it take for me to get the plan and get it up and running?
As long as it takes to type in your serial number to register it.
And is it really worth 60 friggin bucks?
If the iPod dies it is.

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