The latest Palm Treo continues its phone orientation by adding the cell data EVDO standard, but omitting Wi-Fi: The 700p is more phone like, apparently, with send end call buttons. It also includes Bluetooth 1.2, which is a shame as that standard tops out at about 700 Kbps of real throughput. EVDO networks currently peak at over 1 Mbps, although 200 to 400 Kbps is a more consistently found speed. EVDO networks deploying next year using the Rev. A standard will peak at over 2 Mbps, however. (More product information at Palm's site.)
While the Palm 700p has an SDIO slot, it doesn't yet support Wi-Fi via SD, which means that an external "sled" would be needed to use Wi-FI. This coupled with the slow Bluetooth speed means that it will be hard to move files on and off without resorting to sneakernet + SD cards or a USB cable.
There's no announcement yet about a UMTS/HSDPA Treo 700p, but this makes some sense when you consider there are no HSDPA phones available yet; UMTS is roughly 50 percent slower than HSDPA. Why release a device that can use the fastest network available? It would be a little odd on the marketing side. UMTS and HSDPA work worldwide, where EVDO is more of a South Korea/United States standard, which makes it clear that Palm needs to release a UMTS/HSDPA Treo eventually, but they might wait until they can have one that includes all the worldwide radio bands for those standards.
Sprint Nextel and Verizon Wireless will sell the handheld/phone, but pricing and availability aren't yet announced.