That part about "catch up" is absolutely correct and frankly understated.
Forgive my ignorance - but what's wrong with a "simple" T4? A Tx with a home icon and faster processor?
Assuming that Apple will dominate the phone/email/pic viewer market in the next 12 months, despite the broo-ha-ha over the sudden price drop - so what? There are still some of us (ME) that wants simple palm based business apps. There should be plenty of room for Palm to continue to offer, basically, the "same thing," with a few tweaks.
Let's just allow Palm the Foleo screw up - "you don't make calls, you don't make sales" - that was just a call no one answered. There's still hope if they stick to what made them big in the first place - multi function, small, computer synch organizer with versaitle and inumerable application options from around the world. Everyone I talk to or hear on "TV" hates their iPhone anyway, and apparently AT&T isn't even set up to handle everything it does til next Spring. So Apple's "phone call was answered," but now a lot of people are steamed they paid $600 for something that didn't work that well.
At least Palm didn't take everyone's dough - I'm just sad Tealpoint have all those new Foleo versions of their software for naught. Oh well - I'll keep the faith a little longer, and obviously we'll just have to see, and I'm baby-ing my T3 like it's the last Palm I'll own . . . .