Is there any point in getting it?

I have an iPod Touch 4th generation and I love it. As soon as i heard about the IOS 7 and saw pictures, I did some research on it, and found out it won't be for my generation, only 5th. Should I save money and get the 5th generation? I'm scared that as soon as I finally get it, the 6th generation will come out shortly after, and there will be an IOS 8, just for that one. This is where Apple comes into being a terrible company because they abandon all of the products before the newest one.

SAving your money is a good idea, but wait until iOS 7 is actually available, before making a decision. You may decide on an iPhone, or iPad/iPad mini, or maybe they will have announced the next generation product.
iOS 7 could be as much a 5 months away, as "Fall" does no officially end until mid December

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