Designer Alexei Mikhailov found himself inspired by the iPhone’s design, making him create a smaller version of the iPhone. Meet the iStick concept, he says it is the perfect mobile convergence device. Alexei Mikhailov came out and told us the iStick isn’t for viewing movies and the screen is too small for effective photo viewing, but we love the concept because it visually replicates the iPhone/Touch within a device the size of a lipstick tube.

Amazingly, all four sides are touch screen sensitive, so it will take some time to find ways to make all of the sides useful. Features include built-in WiFi for easy iTunes download sessions. We want one!

Via Yanko Design

Today Creative made a good choice in dropping the 32GB Zen’s price from $349 to $299. Right now the 32GB Zen costs the same as the 8GB iPod touch making it a better choice for bargain hunters. Looking at the features of the Zen it is more comparable to the iPod nano, priced at $199 for the 8GB model. For an additional $100 you get four times the capacity and an FM tuner. We still love the iPod better, sorry Zen.

Apple has just released a 16GB iPhone and also a 32GB iPod touch, besides the new increased capacity, nothing else has changed. The 16GB iPhone will cost $499 while the 8GB model still cost $399. The 32GB iPod touch will cost $499, and the 16GB model will still cost $399.

Will this change make you go buy an iPhone or iPod touch?