is it possible for ipod touch (2nd generation) to use icloud?

Hi! I just received an iPad for my birthday and would like to use iCloud to link my calendars & music to my iPod Touch, but I am struggling. Have updated both devices and iTunes. iTunes reads "this version of iPod software (4.2.1) is the current version". I believe I have a second generation iPod. Is it possible to use iCloud with this?