Looks like WMExperts got their hands on the new European release before Palm could surprise us! If this holds up it is as I thought closer to the photo and idea I posted earlier today.
This is in fact a Treo, not the 800w, but it is a WM treo. Here's what WMExperts has to say:
--Well look what we have here, a shiny new image of the Palm Treo 500, nee the Palm Gandolf, which will be announced officially on Sept. 12th. Things that we have confirmed now:
It's not as ugly as the PalmOS Centro and it thankfully a bit wider, making typing easier
3G, thank the lord, though no word if it's HSPDA or UMTS for sure (put your money on HSDPA)
Windows Mobile 6 Standard Edition (i.e. no touch screen, a first for Palm)
It's a Treo, the Treo 500.
I think the mystery is out of the bag now, we can all go to sleep now.