Stillborn: Palm's Foleo

Early this summer, I asked if simplicity put Palm’s Pilot on the map, will Palm’s Foleo ‘PC’ be an encore performance? And concluded (based on what I showed in the video on that blog entry):

As it stands so far, the Foleo is probably not poised to repeat the Pilot’s success. Especially at $499 (a price that some notebook PCs, even used ones with more horsepower than the Foleo, can be had for). Should the Foleo come down in price and spread its wings to cover more than just the Treo as its smartphone companion, then it’s chances of success will be greatly improved.

Now, according to Palm CEO Ed Colligan, the project has been scuttled.