WebOS is owned by LG, a new OS is out of the question, so it will likely be Android with some reference to Palm - the name, the logo, hardware design (Treo keyboard?), maybe with a skin reminiscent of the Palm design.
I used to be a huge Palm fan, but even for me, that would not be a factor in my phone preferences. There was a point in time when HP could have saved Palm, but I think people have moved on.
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