Htcadvantage Seems to have the advantage over the Foleo, which was reported to be revolutionary.

Power of a PC
The HTC Advantage 7501 has a huge 8 GB hard drive, 256 MB of ROM and 128 MB of RAM combined with Microsoft Windows Mobile 6.0, so you can run your most demanding business applications and store all the documents and files you need. It runs on the 624 MHz Intel XScale PXA270 CPU with with an ATi W2284 graphic chip.

Global connectivity
With its always-on, high-speed global connectivity, the Advantage 7501 keeps you in contact and contactable worldwide. As well as your email being “pushed” to you instantly, you can wirelessly synchronise files when away from the office so you’re always up to speed with what’s going on in your world.

Communication choices
The Advantage 7501′s on-board Wi-Fi and stereo Bluetooth 2.0 capabilities open up a world of communication options. It also supports the GPRS data protocol, as well as the high-speed EDGE wireless data service and UMTS 3G wireless broadband. (Note that 2100 Mhz UMTS service is not offered by any U.S. carrier.)

Performance
The Advantage has been optimized for outstanding performance, whether it is to deliver the best possible web browsing experience or to give you up to 8 hours of battery life and 5.5 hours of talk time.

Easy to use
The Advantage 7501 has a large 5-inch touch screen, ensuring you can easily view and work on your documents, while the detachable QWERTY keyboard makes it simple for you to work with everyday office applications. The color, transreflective LCD screen has a 640 x 480-pixel

Take photos
The integrated 3-megapixel autofocus camera takes high-quality images (, 2048 x 1536 pixels), so you need never miss a moment. You can then safely store your pictures on the Advantage’s hard drive, or onto an optional MiniSD memory card. You can also shoot videos (352 x 288 pixels at 15 frames per second) in 3GPP and MPEG4 formats.

Multimedia entertainment
The 8 GB hard drive can store up to 5 hours of video, 2000 songs or 25,000 photos taken on the built-in, auto focus camera. You can also enjoy high-quality video and music streamed to the Advantage over EDGE and HSDPA networks. Use the TV Out feature to output contents on the screen onto an external display such as a projector or TV when doing presentations or sharing photos.

Vital Statistics
The Advantage 7501 weighs 12.7 ounces and measures 3.85 x 5.25 x 0.62 inches. Its 2200 mAh lithium-ion battery is rated at up to 5.5 hours of talk time, and up to 300 hours of digital standby time. It runs on the 850/900/1800/1900 GSM/GPRS/EDGE frequencies. The phone comes with a one year limited warranty

It is ready fro pre-order on Amazon. The Foleo has the advantage in one place, price. Right now the Amazon pre-order pirce is $849.99

If you just can’t wait for the Foleo you might want to stand in line at Amazon