Ipod touch 5th gen
After all it is lighter, thinner, has more and better cameras, has much better resolution and ppi, new one has siri which in my opinion beats googles version, and as acess to the appstore so many more apps are available, more portability, and airplay mirroring (which if you have a apple TV is a reason alone to get it over the nexus). If you are doing this just for videos and seriously hard core gaming then go nexus 7 the bigger screen and faster processor are what makes it sell. But like most vs's it comes down to ios vs android, which do you like better? Another thing to consider is the ipod touches color options.