I don’t think folks should be too hard on Palm for a delay of the Foleo considering there was never an officially announced release date. However, it does look like the rumored late August launch was real. Notice the word "was": according to a Deutsche Bank analyst, the device won’t be seen until late September or early October. The issue appears to be a smartphone synchronization issue between the Foleo and some Treo models. This is actually surprising since the core competency of the device is as a "smartphone companion".
The way I see it: Palm has missed a huge sales opportunity not getting this device out by now. While we might have a "ho-hum" Folio attitude in general as consumers, the device is really geared towards the suits. After 15 years in the corporate world I can tell you that most companies are setting or already have set their discretionary budget for next year at this point. That will make the Folio a tough sell in large quantities for most companies simply because the dollars might not be there.