For those interested there's a video on YouTube of someone unboxing their new Kobo Touch:
http://www.youtube.com/watch?v=mS24BUhCkhI
What I found impressive was the start-up time; my original Kobo takes about 35 seconds but it looks like the Touch takes just 1-2 seconds. I don't know how this compares to the Kobo Wi-Fi (second gen Kobo)?