Wifi and future use of itouch

I know nothing about wireless communication. With that said, since itouch has wifi capabilities, will this enable it (sometime in the future) to be able to connect to the internet "all the time"? For example, in the future (or maybe its avail. now) will it be possible to purchase "internet/email" for the itouch 24/7 and not just when the itouch in in range of a wireless router? For example, make it work like the iphone, without the phone/camera and without the added $20 price (hopefully cheaper) for the connection to the internet.

Thank you all for your responses! The analogy about the wire was the best. I had an ah-ha moment and now understand this wifi vs cell phone thing.
Now, I'm seriously debating returning the IT. I haven't been able to find very many places that I can connect the wifi at (besides my home and school). BUT, I seriously don't want to pay $400 for the iphone, plus the added cost of $20 to my cell phone bill.
I read about a 3g iphone that's expected out. Any thoughts on the starting price and expected roll out date?

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