Looking to purchase first iphone

my husband and i are looking to get our first iphones, so i have a few questions.
what size is good to get? I already have a 16gb touch. i think i might turn it back into the store for a discount on a ipod nano to keep all my songs on, then transfere all my apps to the new phone. good/bad idea? i only have about 20 apps on my touch. but over 1500 songs. i also have a few cartoon episodes of my son, to keep him occupid.
also, i bought my touch only a few months before the next gen came out. i felt screwed. i know there is a rumor the new iphone is coming out june 18th. i really like the chat option on it. we are miltiary and just moved to hawaii. it would be great to chat with family when ever and where ever we are due to the time difference. do they have to have a iphone to do chat or can it be any camera? also i "thought" i remember hearing that if you purchased your touch with in so many days of the new gen coming out you could return it for a new gen. could this be true for the new iphone?
thanks.

Personally I would go with the 32GB model leaving you room for more apps, cartoons, childrens games, etc.
I sold my Touch after I bought my iPhone, you might want to consider doing the same and then buy whatever you want to replace it. Keep in mind Apple has released new iPods each September for the last 5 years and they release a new one each year. If you bought yours " a few months" before you really didn't get "screwed".
You have 14 days to return a product, less a 10% restocking fee. I would wait until Monday after the keynote speech at the WWDC to find out when the new iPhone will be available, unless you are concerned about getting an unlimited data plan, in which case you need to by before Monday.

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