For an easy reference, I’ll just link to ifixit.com‘s dissections of the ipod classic and nano 3rd gen. Those chips look very similar to the ones we saw in the nano 2nd gen and I dare to bet that the firmware files of these new ipods are as encrypted as the 2nd nano was… 🙁

As a side-note, I noticed the 3rd gen nano at least still features 32MB RAM.