3rd pillar from Palm

Palm might have been successful half a decade ago, but with the Palm OS dying a slow and sure death along with a lack of imagination and innovation in their hardware, many people are wondering just how much longer Palm can last in the corporate world. There are currently rumors floating around concerning Palm’s latest effort that will converge functions of a computer, smartphone, iPod, and PDA. Sounds pretty much like an Utopian thought to me even until today as there will be many issues to grapple with, ranging from price to battery life for starters. What do you think this 3rd pillar device from Palm will be? Heck, I remember Nintendo being caution and calling the DS a 3rd pillar in its operations just in case things go awry. See where the DS is today?