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"They've been fat, dumb and happy...Maybe they lost more share than they thought they were going to." >>
LOL
I am the only one among my friends who got an iPAQ (except for my coworker who got the new iPAQ - forgot the model #). Two of them got a Palm - they acknowledge that iPAQ is more powerful, but they are attracted to the cheap price tag mostly. And it gets the job done. I think that's about all Palm got left, unless they really begin some interesting innovations. As much as I don't like their products, I wish they stay as a significant market holder, though.
I got a Targus keyboard a couple of weeks ago and I don't even carry my 3.75-pound laptop any more. 

 Oh, btw, thank you NFS4 for tempting and convincing me to buy an iPAQ. 
.NET will make PocketPCs even MORE attractive to corporations.
On a different note, I recently saw a software from a company called SonicMobility. They had a remote administration software for PDAs (Palm, PocketPC, etc) that allowed administrators to monitor/kill processes, start/stop services, etc all from a 9600 baud wireless modem. The guy showed a demo with his iPAQ; it was so cool.