This  link  to a an article released by  InternetNews.com quoting Greg Shirai,  palmOne's director of Product Marketing, seems to be dead.  Lucky for us, a reader had submitted a piece of the article below:

The new device retains the Treo form factor, with a color screen atop a mini QWERTY keyboard. The display is 320 by 320 pixels for greater clarity and resolution. The keyboard has been arranged in a slight "smile," allowing for slightly larger and flatter keys with larger symbols on them. [...] The 650 has a removable battery, so that users can pack two batteries instead of the charger. More important, Flash memory storage not only accommodates battery switching, but ensures that data won't be lost if the charge is.

It will be released in two flavors: a CDMA/1XRTT dual-band radio that can be used over the Verizon and Sprint networks, and a quad-band GSM with EDGE support, the GPRS protocols used by AT&T, Cingular and T-Mobile. Shirai said that carriers should announce the availability of the 650 in the next few weeks, with the product actually available before the holiday shopping season.

Description

Built-in phone, email, messaging, organizer, web, camera, Bluetooth® and more.
So much more than just talk.

• Compact, full-featured mobile phone works with a variety of service providers and plans
• Wireless email*
• Palm OS® organizer
• Combined text and picture messaging*
• Wireless web browsing*
• Built-in Bluetooth® wireless technology
• Vibrant 320 x 320 Transflective TFT color display supports 65,000 colors
• Listen to MP3s**
• Capture and enjoy video clips and digital photos
• Edit and create Word and Excel files or view PowerPoint documents
• MultiMediaCard/SD expansion card-compatible
• Intel® PXA270 processor

Specifications

• Size: 4.4  x 2.3 x 0.9 inches
• Weight: 6.3 oz
• Battery Type: Removable rechargeable Lithium Ion battery
• Display: 320x320 Transflective TFT color
• Expansion Card slot: Yes
• Multi-connector for add-on peripherals: Yes
• Integrated wireless access: Bluetooth
• 5-Way Navigator: Yes
• Memory: 23MB user-available stored non-volatile memory (22MB multi-lingual)
• Operating System: Palm OS® 5.4
• Processor: Intel® PXA270 312 MHz processor
• One-year manufacturer’s warranty

The official press release is speculated to come out this Monday.  I'm positive we're all going to keep our fingers crossed!

Visit Treo 650 product page website

Source  [treocentral.com]