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THE RUMOUR making the rounds is that a keyboard-less version of Palm's Centro smartphone is in the works. The web site Treonauts is showing an alleged leaked advertisement from Bell Canada.
The phone pictured in the ad is quite attractive and features a large touch screen with 320x480 resolution, reminiscent of Sony's Clie Nx series handhelds. There are no words about whether this phone will run Palm OS, the next-generation "Nova" Linux based OS from Palm - still being worked on - or Windows Mobile.
Treonauts notes, "dedicated Play/Pause + Back/Forward music buttons at the top of the device" and the writer was very optimistic about this device. He writes: "I can hardly contain my excitement at seeing these images and the thought that very soon Palm will have an even more effective smartphone to compete against the Iphone". It also notes that the leaked ad shows the " Centro2" in five colours including a new one: yellow, in addition to the red, blue, black and pink already available in which the current Centro is available in different parts of the World.
The speculation on what OS the "Centro2" will run seems a bit groundless, however. In a recent interview, Ed Colligan, Palm's CEO, said: "Centro is our consumer line of products, the start of a product line to hit that demographic and price point. [...] Centro will be strictly Palm OS."
So if one believes Colligan's own words, there would be no doubt that this " Centro 2" will also run Palm OS.
See the leaked ads and more speculation on possible announcement dates over here. µ
From the source:

http://blog.treonauts.com/2008/08/palm-centro2-fi.html


UPDATE: I guess that my excitement was unfortunately short lived… News is that this entire ad is quite fake and the work of a rather talented Korean student for his marketing class… Having said this, if my sources are correct we should still all have news of a possible new Palm device coming out in the next few weeks…
Pulled from a fake ad. 
http://koreansensation.deviantart.com/art/Palm-Centro-Magazine-Ad-70375854
Bottom of page: http://blog.treonauts.com/2008/08/palm-centro2-fi.html
UPDATE: I guess that my excitement was unfortunately short lived… News is that this entire ad is quite fake and the work of a rather talented Korean student for his marketing class… Having said this, if my sources are correct we should still all have news of a possible new Palm device coming out in the next few weeks…
The ad was created by a student in nov 07. You can find it here

http://koreansensation.deviantart.com/art/Palm-Centro-Magazine-Ad-70375854
It's fake

"UPDATE: I guess that my excitement was unfortunately short lived… News is that this entire ad is quite fake and the work of a rather talented Korean student for his marketing class… Having said this, if my sources are correct we should still all have news of a possible new Palm device coming out in the next few weeks…"
I always thought that Palm making smart phones with keyboards was silly anyway.

From this announcement its obvious that someone in Palm had a duh moment and released that perhaps now was the time to go back and use all the touch screen expertise they may have got building PDA's onto phones.

Such a phone really is a no-brainer.
This has already been confirmed elsewhere as a fake ad made for a marketing class.
Engadget reports it's PS job...
this ad was made by a korean student for his marketing class.
It's a fake for some kids marketing project:

http://koreansensation.deviantart.com/art/Palm-Centro-Magazine-Ad-70375854
This was a marketing project someone done back in November 2007. 

http://koreansensation.deviantart.com/art/Palm-Centro-Magazine-Ad-70375854