I had a Palm T|X about two years ago, which is almost exactly the same as the LifeDrive but with flash instead of an internal hard drive.
I would not recommend it. Palm has fallen behind the times and is still offering Palm OS 5.x Garnet instead of the much improved OS 6 Cobalt that they promised maybe four or five years ago. Backwards compatibility with pre-5.x applications is acceptable, though somewhat poor, and the interface is still as clunky as it was in the heyday of Palm, back around the Palm V and M5xx series, then the original release of the Treo 600.
Palm has let their OS and hardware stagnate, and while the capabilities were certainly acceptable then, they are not now, as even the included web browser (Blazer) is not all that much better than a WAP-enabled phone.
If you can cope with Blazer or the similarly crippled Opera Mini, a poor screen for video playback (negative black effect is prominent in darker movies), slow WiFi access and a stagnant software library, and all you want is just a PDA to listen to music, the occasional video clip, check the web infrequently, and keep track of contacts and calendars and todo lists you may be ok. There are still some incredibly quality applications on the Palm, such as Wordsmith, probably the best word processor and MSWord compatible software on the Palm, Google Maps, and Pocket Tunes, but for the most part what I have seen is that Palm OS is largely dead.
If you are looking for the ideal pocket computer, the Life Drive is definitely not it. The ideal pocket computer of the year 2007 seems to not be a PDA (whose market is seriously losing steam) but in super-capable phones and smartphones like the iPhone and Blackberry.
