QUOTE(Maxintosh @ Sep 30 2008, 10:14 AM)

Man I need to catch up in my reading about the iPod Touch. I never knew you could install OS X on it

Apparently, iPod Touch runs iPhone OS, which used to be called OS X (Apple marketing literature simply stated that the "iPhone runs OS X" - Wikipedia).
So, yes, you could install OS X on it. Or to put it more accurately, a
version of OS X.