RIP Palm (and other UMPC devices)

Well, everyone is bashing Palm today over the Foleo and with good reason. The problem with a device like the Foleo is that it doesn't have the utility of a general purpose laptop, nor does it have the portability of a smart phone. In a nutshell, it's the worst of both worlds. For the large majority of people, a laptop serves quite well as your primary computing device with decent portability, while a smart phone can make a good auxiliary computing device with ultra-portability. For the same reasons, I believe so called "UMPC" (ultra mobile personal computer) devices will never enjoy broad appeal. The best a UMPC could hope for is to serve as a laptop replacement for people that don't have a need to use a computer very often or very long and have some need for the portability it offers where a smart phone would not suffice. That sounds like a very niche market to me.