I picked this up from DownloadSquad and I think there's a bigger untold story unfolding. The underlying message is that Palm has given up leadership in handhelds and relevance. This can't be anything be the death bell tolling. If you want a multimedia phone, you've got to be looking at the iPhone, Nokia N-series or E-series and perhaps Blackberry. If you want a Linux based Internet mobile device, you're looking at the Nokia N800, or perhaps lured by the iPhone.

If you're looking for a money pit down which to throw dollars, you're seriously looking at Palm. And I say this as the owner of an aging Treo 700W that will soon be replaced with something else. I've been a loyal Palm user for years, having owned just about every version they've ever made. My Treo is either my twelfth or thirteenth Palm device. It's also my last. Palm, leading the way into 1999 still, is in serious decline.

Palm pushes Linux-based OS back to 2008
Posted Jul 2nd 2007 3:00PM by Brad Linder
If you put off buying an iPhone because you're waiting for a new Palm
Treo running an updated version of Palm OS, you could be waiting a
while.

While Palm had planned to release a completely redesigned
operating system based on Linux this year, CEO Ed Colligan says the new
OS won't be available until "some time next year."

In
other words, if you want a Treo running the latest operating system,
you're going to want to pick up a Windows Mobile version for now.