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The $5 iPod (which isn't an iPod, because Apple sells nothing for $5) is coming to a Third World country near you. It's now being called the Talking Book. And did I forget to say it's supposed to cost $5?

From the Linux Devices story:

A Seattle-based nonprofit organization called Literacy Bridge hopes to create a low-cost audio player for the developing world. The $5 "Talking Book" is an iPod-sized flash-based mp3 player that juices up on health, educational, and other audio programming at Linux-based content distribution kiosks.

The plan is for individuals to purchase the Talking Books device for a partially subsidized cost of $5. The more expensive kiosk laptops will be acquired by entrepreneurs via micro-loan programs. The entrepreneurs will sell access to content, as well as the Talking Book devices themselves.