Thanks whtcrxghst. I am debating to just wait it out. I just bought the ipod yesterday, had the freaking cable installed and...it doesnt work. 
Oh well...I figure it at least gives me time to start the lengthy and often confusing task of ripping over 500 cds and dvds....onto a hardrive and then to the ipod. This has been my plan. I get tired of dragging a huge cd/dvd pack with me everywhere (even if it sits in my car most of the time) plus it just makes sense to back it all up.
If you guys have any other ideas (or tips and tricks) on the best way to take full advantage of the N4......please pass them along.
Thanks.