From the same people who brought you the free iPod, free desktop computer, and free flatscreen TV comes a new free electronics offer: Free 40GB Photo iPod.

Here’s what Apple has to say about the product:

Though it’s no bigger than a pack of playing cards and weighs in at just over 6 ounces, iPod Photo delivers a one-two sensory punch. Letting you carry an entire library of your favorite music — up to 15,000 songs — or enough photos — as many as 25,000 — to fill nearly 200 slide trays or cover nearly 5,000 square feet of wall space.

The rechargeable battery provides up to 15 hours of music. The device will let you create slide shows set to music, and comes with a cable to hook up to a TV or projector. Pretty amazing stuff.

Like the previous offers, you need to sign up at the website, complete a referral marketing offer (most are either free or a free trial that you can cancel before spending any money) and refer friends who also complete offers. The iPod required 5 referrals. The computer required 10. This one also requires 10.

I’ve gotten all three previous free electronics items, as have several friends and colleagues. So I definitely look forward to this one.

Here’s a previous post with advice on completing the offers. This post outlines the economics of the offer.