An American Technology Research analyst claims that they have heard that Apple may be working on an even smaller form factor for the iPod shuffle as well as a introduction of a choice of colors.
The price points and storage capacity, however, are expected to remain at $99/$129 and 512MB/1GB in order to minimize overlap with their recently introduced iPod nano.
Apple recently added a "black" option for the 5th Generation iPod, and previously offered iPod minis in a choice of 5 colors.
Whether or not this is simply rehashing of this Page 2 rumor is unknown.
Related Forum: iPod touch and iPod
