PreCentral reports the webOS operating system of the Palm Pre smartphone will support old Palm OS applications through emulation.
I just finished getting a great Palm Pre app walkthrough from Palm (video coming soon!), but this couldn't wait for the upload to finish. There was one app that Palm didn't want to talk about (but we suspect will be revealed tonight) the "Classic" icon you see above with a logo of a Palm device and a decidedly "Mac OS 9 Classic" feel to it.
Don't blink: Palm looks as though they are going to support PalmOS apps on the Pre and webOS via some sort of emulation app!