Sounds rough, and I'm glad you got out of it with "only" a laceration and a new discovery...
I think that in an environment where people are going to steal your iPod, they are also going to steal any other DAP, your shoes, or whatever else looks tempting.
If you are going to get another DAP, I can't say enough good things about the Karma, really. The headphone jack is so good that I don't even need an amp with my ER-4S. I don't know if you were "staying with amplification" on the bus, but not having to carry around yet another expensive electronic accessory like this could also be an advantage.
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