I've heard of this method but I've never tried it. I swear there was another thread for it previously... but meh. But I seriously don't recall ever seeing your thread. Somehow it went under the radar.
As for your thread getting no traffic, I see it was around the May 10th time period. Most of us are probably more in school mode and it was approximately that time where everyone was running around due to the DDOS. Again, sorry, did not ever see your thread.
Viewing anime on an itouch imo isn't very pleasant. Though, for the purposes of others, it is tolerable. I have heard (only heard) of higher success rates on satisfaction for viewing anime on PSP systems or PMP systems. Personally, I'd rather go with a laptop/netbook. I've seen people play anime on itouch and whatnot, but the subs were so hard to see imo, that it was straining on the eyes. Not impossible, but not something I personally found pleasant in the full 10-15 odd seconds I pertained to that experience. I personally feel that the screen is too small to properly enjoy.