If I Restore My Ipod Touch To It’s Orginal Factory Settings, Will I Lose The Software Upate I Bought?

My ipod touch is completely messed up and my itunes is telling me i need to restore it. When it’s on i get the symbol that I need to plug it into iTunes like it did when I first bought it. If I restore it, will I lose the software update I bought that came out a few months ago? (the one with the email, weather, stocks, etc.)
Or will I have to pay for it again if I want it?

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