Starting tomorrow December 8, Target retail stores will offer the Apple iPod touch 8GB MP3 Player in Black, model no. MC540LL/A, or White, model no. MD057LL/A, bundled with a $25 Target Gift Card for $195. This 10% off printable coupon drops it to $175.50. Assuming you use the gift card, that's the lowest total price we could find by $40. (It's also within $5 of the lowest price we've seen for a new, current-generation iPod touch.) Sales tax is added where applicable. It features a high-definition Retina Display, 3-axis gyro, iOS 5, front- and rear-facing cameras (the latter capable of HD recording), FaceTime, Game Center, and more. The headphones feature a frequency response of 80Hz to 18kHz, foam ear cushion, and more. Deal ends December 10.

Of note, Target also offers this printable coupon valid for a $10 Target Gift Card on orders of $50 or more, however, it may not stack with the 10% off printable coupon listed above.