'Now Playing' button not working, bad ipod? Here's the situation.

Inside the music player, on the playlists tab, I touch the 'Now Playing' button on the top right, it goes to the current song that's playing, no problem.

But when i go to the 'More' tab on the bottom of the screen - where it shows Artists, Audiobooks, Songs, etc... and click the black 'Now Playing' button, nothing happens, it does not go to the current song playing, like it should.

Do I have a defective unit? Or am I missing something here? Just got it last month, brand new from amazon.

Latest generation 32gb iPod Touch running iOS 5
I just tried this on my iOS 5 iPhone, and I had no issue.  I would try restoring your device at Settings -> General -> Reset -> Reset All Settings and see if that fixes some glitch or something with your iPod.  But, this is a software issue, so returning your device for a new one shouldn't be the only solution.