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I'm not surprised that it won't have WiFi. The rumoured specs were a little too good to be true.
Anyway, 256Mb RAM is not a bad thing at all. That amount of memory and the new OS6 will make a whole new class of applications possible. Technologies like voice-over-IP (Skype) are now within reach of PalmOS handhelds. You can't really do these kind of things under OS5.
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