Palm to target mobile market with next OS revision.
Palm is *finally* realizing that it has to build resources for the future. So I think this is at least a step in the right direction - the problem is that this market is already pretty much sewn up in terms of standards, and all the value is *already* starting to be appropriated by players providing functionality beyond the OS (like Sun with mobile Java). But at least this move helps ward off strategic decay.
If Palm can turn this into a leapfrogging strategy - and attempt to optimize their OS for the next generation of mobile devices which lie beyond the discontinuity which is soon to hit this market, they have a winner. They also have to make sure that their current resources don't cause inertia which interferes with this effort - a difficult task, considering PalmOS's history.