iPhone Software 1.1.3 also brings lyrics support in iPod. Presumably this options is also available in iPod touch running software version 1.1.3.
When playing audio file in iPod mode, tap the screen to reveal the song lyrics. Providing that the lyrics is embedded in the file.
Adding lyrics to your music file:
- In iTunes, select the track.
- “Get info” on the track. Command-I (Mac OS X) or Control-I (Windows). Also can be invoked through “File > Get Info”.
- Select the “Lyrics” tab.
- Type or paste the lyrics in the box.
- Click “OK”
One thing still missing from the iPod feature of the iPhone (and the iPod touch) is the ability to view podcast notes.