Yes, yoi zoom in and out with a pinchng movement!
I have now loaded some bike racing videos on my ipod touch
and its great to view.
This as well as now having ALL my digi pics loaded.
But to me, the star turn is the very usable wifi feature.
It gives good portable web capability including email.

I took mine into my old IT department (I am retired as IT Manager)
and they all want one having seen my demo!