Apple has updated its iTunes software to version 4.7.1. The minor revision adds support for the new iPod Shuffle flash-based digital music player, as well as performance improvements. The brief note from Apple:
iTunes 4.7.1 includes support for iPod shuffle and other performance improvements.
iTunes 4.7.1 is available now in OS X 10.3is Software Update panel. The download weighs in at 8.6MB. As of this writing, iTunes 4.7.1 is not yet available from the Apple Downloads page.