Is Apple going to have an exchange program for ipods?  (IE Getting credit for old ipod for new one?_

Apple exchange?

Another alternative is various retailers will give you store credit for older devices that work and you can use that credit towards your new device. Best Buy and Amazon (in the us anyway) give store credit and Radio SHack may also.
I'm sure there are various internet services of questionable honesty, but there are at least a couple very reputable companies. Best Buy gave me $70 for my like new condition iPod 4, so it was almost like getting 30% off the new one.
Something you can look into.
If it's a non-functional device, then Apple's program could be your best bet since these companies want working devices that they can resell.

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