I have an older ipod touch and want to access the store but it will not let me connect to Itunes store. I cannot find the store under settings to setup my apple account. Is this because I have an old ipod touch?
You need to update the iOS on the iPod. you need at least iOS 2.x but very few apps work with that iOS.
The last update for your model iPod is 3.1.3 that you get here:
Purchasing iOS 3.1 Software Update for iPod touch (1st generation)
Retrieving data ...