If you’ve got a first, second, or even 8GB third generation iPod touch, an O.G. iPhone or an iPhone 3G, it might be time to think about upgrading. Aside from missing out on a heck of a lot of cool games that require more recent hardware, quite a few developers seem to be dropping support of their older devices as Apple no longer provides iOS updates.

Freemium powerhouse ngmoco announced this afternoon that as of We Rule [Free] version 1.6, older devices will no longer be supported. Ngmoco, like many other developers who have made this decision to abandon older devices explains that in order to move the game forward they need to free themselves of the constraints of these older devices.

An interesting statistic comes out of this though, in that according to a blog post of theirs, only 5% of their player base actually uses these ancient devices. What do you do if you’re in this 5% and you want to keep ruling over your game of We Rule? Well, even older iOS devices still fetch a decent amount of money on Craigslist and Ebay, and Apple offers refurbs on the cheap.

Alternatively, it might not be that bad of an idea to just wait until what the rumored September iPod/iPhone event has in store for us before upgrading. Like most yearly iterations, the 5th generation iPod touch likely will cost just as much as the current 4th generation iPod touch does now. Otherwise, if you’re still one of the people who is playing We Rule, hold off on updating if you’re still on older hardware.