The latest iTunes update clocks in at 60.3 MB and is accessible via Software update.

This is what Apple has to say about the update:

iTunes 8 includes Genius, which makes playlists from songs in your library that go great together. Genius also includes Genius sidebar, which recommends music from the iTunes Store that you don't already have.

With iTunes 8, browse your artists and albums visually with the new Grid view; download your favorite TV shows in HD quality from the iTunes Store; sync your media with iPod nano (4th generation), iPod classic (120GB), and iPod touch (2nd generation); and enjoy a stunning new music visualizer.

iTunes 8 and iTunes U are now accessible with VoiceOver on your Mac.

iTunes 8.0.2 improves stability and performance and provides a number of important bug fixes, including:

• Addresses a quality issue creating MP3s on some computers.
• Fixes a connectivity issue with the iTunes Store when using some Internet proxies with Mac OS X.
• Improves accessibility with VoiceOver.

Enjoy party people.