@Johnny Vegas Can you name a competitive Windows Mobile phone currently on the market? Neither can I. When WP7 finally ships it will not have multi-tasking and some of the other features that Android and iOS currently have.
The one thing Microsoft has that Palm didn't have in trying to reinvent their smart phone offerings is cash on hand, but that won't be enough to make a dent in Android's or Apple's increasing share of the smart phone market for a good 18 months after WP7 launches. Now factor in that Google and Apple are not going to sit still to wait and see what Microsoft does and they are still going to be behind for some time in this race.
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