I won't buy this device but I see this an a glimpse of the future, and definitely an indication that the Palm will need to change their game if they want to continue long-term in the smartphone market.
Acording to the article here in TC (
http://www.treocentral.com/content/Stories/1044-1.htm):
"... The normal mobile phone market is huge. Apple's goal by 2008 is to have 1% marketsahre = 10 Million units (957 M phones out total out there). ..."
To me, that ain't gonna happen at the "early adoptor" price. They'll probably drop the price to around ipod price levels. I doubt Apple would want to go lower than that.
Also, keep in mind this will be a great learning experience for Apple, and they'll offer more compelling devices after they see how the market reacts. It's interesting to see how they went after consumers instead of fighting with RIM and PalmOSoft. Yes, I think this device is likely to be "disruptive", in terms of a robustness and quality of features and O/S. Palm had better get that "next big idea" of theirs out the door in the same timeframe or they'll lose the market. I think Apple's marketshare goals are overly-optimistic,but it's nice to see a better, game-changing player enter the smartphone market!