This is a wow, but then again it's obvious that the Foleo has not been well received. Palm will not be releasing the Foleo for sometime. They want to refocus and the Foleo will wait until the Foleo II is designed. Ed Colligian posted this letter on the Palm Blog and you can read it here. It looks like Palm could be changing focus and that for the better for many Palm enthusiasts. Here is an excerpt:
"In the course of the past several months, it has become clear that the right path for Palm is to offer a single, consistent user experience around this new platform design and a single focus for our platform development efforts. To that end, and after careful deliberation, I have decided to cancel the Foleo mobile companion product in its current configuration and focus all of our energies on delivering out next generation platform and the first smartphones that will bring this platform to market. We will, of course, continue to develop products in partnership with Microsoft on the Windows Mobile platform, but from our internal platform development perspective, we will focus on only one."