I got the new m505 right after returning from Orlando. Looks and feels just like the Palm V, but, of course, has a color screen. The colors are washed out and don't do much for this beast, but the screen overall is much brighter than the V and easier to read.

Compared to the Ipaq, it's considerably smaller, which I like. Can fit in a shirt pocket easily. The screen is not as nice, but I don't do video and the like on it. So it suits me just fine.