Apple to Introduce an iPod Stick?

Stuff.tv reports a questionable rumor from a tipster they claim had "given us the goods on the PAYG iPhone before everyone else."

The claim is that Apple will be introducing an iPod "Stick" potentially at Macworld with the following features: "WiFi, Multitouch flex display and, er, a 7MP camera."

We're not quite sure what a "flex display" exactly is (aside from the obvious) and why you'd want one in an iPod "Stick".