The new tablet, to be possibly introduced in Q3, is code-named Hurricane and will run on Palm's mobile operating system. HP bought Palm for $1.2 billion last month.
With the iPad selling over a million in less than a month, an alternative would at least get an interested examination by the public. Whether the webOS will translate into a usable tablet is another story. The Windows 7-based tablet was apparently a juice hog in the extreme.
Maybe the Hurricane will be as fast as its namesake. Or maybe it will just blow through and leave a mess behind.