Of course - apart from Apps, PALM is not relevant in any way now.
But even for the apps - as a VM, the palsm apps can't really talk to the other Nokia apps in any way. They are sandboxed in their own VM space. That takes away a lot from the advantage I think.
But again - I never used Palm apps so much - so maybe I don't see the advantage pf getting them old-dear-loved-apps back in any form or shape, and can't appreciate the value-add, if any.
And while any hardware is indeed about how you use it - I think Palm has failed to leverage the newer hardware specs (better screens, better resolutions, processor power etc) to make the Palm platform more versatile (and useful). Ultimately that has been the reason for Palm's demise.
(and to prove the point - the Garnet VM does not use the hardware potential of the Nokia tablet at all. It still runs in its
320x something screen and does not stretch to the full screen size of the Nokia tablet).