Conclusion: At $250, I think the m125 is a little bit over priced, but only by about 10%. It think it is worth about $225. That's a bit higher than its competition but it comes with a cradle, which the others don't. It is an even better deal when you factor in the free 16 MB SD card Palm is offering with it until January 7. I think this is a good handheld for a high school or college student.
Pros: SD/MMC Slot, Rugged Design, Fits well in the hand
Cons: A bit above the price I would like, Reversing backlight, Cheap stylus