"The Foleo is the first Linux-based item from Palm, and touts an easy one-button e-mail sync over Bluetooth with Treo smarthones (both Palm OS and Windows Mobile versions). It has a 416Mhz processor, 256MB of flash memory and 128MB of ram, but no hard drive. The 10.2 inch screen has a 1024x600 resolution, and it has 802.11b and Bluetooth 1.2 wireless capabilities.
There's a single USB port, along with slots that can accept SD or compact flash memory cards (Palm says they've tested cards up to 4GB). And you can connect the Foleo to an external display, which will use a 1024x768 resolution.
As the Palm guys at the conference put it, the Foleo is meant to be "what happens when a PDA grows up," rather than a shrunk-down laptop. The applications are similar in look and feel to what you'd use on a smartphone, but are of course easier to use with the larger screen and full-size keyboard."