Not if you have the ad supported version of the Touch. My Touch is an ad supported version too. All that said, I have noticed with a couple of different firmwares that occasionally it has stopped displaying ads and displayed covers, so apparently there have been a few undocumented bugs that have flipped a memory location or two controlling the ad display behavior. Where those variables are located or what you'd need to flick them I couldn't say. Do not read that as, "with such and such version you won't get ads." It seemed entirely random to me the couple of times it happened.
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