Looks like the leak is out on the iPod Nano user interface. It is a huge step forward and should be quite impressive to consumers and investors alike. Further down, actual screenshots present the browsing of music both through the traditional search and the new iPod Nano Cover Flow. Colors also appear to be more vivid and the screens have been rumored to get a nice step up in screen resolution. Hard Disk sizes are expected to get a healthy upgrade to 12 or 16 GB.

Despite all that’s going for the iPod Nano, the potential for a full-screen regular iPod is taking center stage. The possibilities are endless as to the upgrades, but most are suggesting Wi-Fi, 3.5″ wide-screen, , touch-screen, and the ability to download music directly to the iPod. We’re going to remain skeptical as to whether or not a new regular iPod will be released, as it will most likely hinder iPhone sales.

Only a few more hours until “The Beat Goes On!”

Disclosure: Long Apple Inc. (AAPL)

Personally, we took the time to write about the dip and how much of a buying opportunity it would prove to be. Only about two weeks since the last buy recommendation, investors who followed our advice and bought in at $126 and $134 per share would’ve averaged about a 10 percent gain!

Tomorrow, Apple calls the media’s attention to “The Beat Goes On” Apple Event.

Stay tuned for further updates and news releases between now and then.

Disclosure: Long Apple Inc. (AAPL)