Yes my itouch is up to date.
Here are the results.
The type of the file system is FAT32.
Volume DS created 8/16/2008 1:39 PM
Volume Serial Number is 4475-1242
Windows is verifying files and folders...
File and folder verification is complete.
Windows has checked the file system and found no problems.
1,028,071,424 bytes total disk space.
32,903,168 bytes in 364 hidden files.
90,112 bytes in 22 folders.
923,381,760 bytes in 63 files.
71,692,288 bytes available on disk.
4,096 bytes in each allocation unit.
250,994 total allocation units on disk.
17,503 allocation units available on disk.