Here is an update on my situation:
I tried the suggestion provided to me by Atom, including many different variations:
1. Toggle switch on, then various clcik wheel combo's.
2. Toggle switch off, then various click wheel combo's.
3. Toggle switch off then on followed by various click wheel combo's.
4. Toggle switch off then on, standing on my head, facing West while reciting
Ohm, followed by even more various click wheel combo's.
I went through the entire iPod Kama Sutra of positions and variation on such. Unable to reach any satisfaction I put the dear little wounded iPod down ever so gently (unplugged). I shed a tear and walked out of the room.
When I returned not to long after I was shocked to see the screen completely blank! I though, "Oh my dear gosh, I've killed it. What will I say to my daughter?" I picked it up and with shaking finger touched the click wheel...it turned on...with the menu screen...I plugged it in and it showed up in iTunes!
May be the little guy just needed to rest : )
I'm not sure what really happend here. But I have to add that even though my Apple products act up once in a while, they have never let us down.
Oh yeah, I told my duaghter that I fixed her beloved iPod, now I'm her Hero once again, Thanks Apple!