StyleTap has already released a Palm OS emulator for Windows Mobile devices. StyleTap allows you to run full blown Palm OS applications and games on your Windows Mobile 5.0 OS device at full speed. The application can handle networking links via the host device’s own Wi-Fi, Bluetooth, infrared or USB connections.

Key features of StyleTap for Windows Mobile include:

+ Runs most applications for the Palm OS® platform on Microsoft Windows Mobile™ handhelds and smartphones.
+ Supports most of the thousands of application programs written for the Palm OS 5.2 platform and earlier versions.
+ StyleTap Platform is fast, compact and comes with everything you need to get going.
+ Applications written for Palm OS platform show up as native Windows Mobile programs and operate in the same way. You can even cut and paste text and bitmaps between applications and native Windows Mobile programs.
+ On the latest Windows Mobile devices, StyleTap Platform takes full advantage of high density VGA screens for maximum readability.
+ Works great with standard size Windows Mobile screens too.
+ Unique backwards compatibility features enable both older and newer programs to perform direct screen updates.

According to Reghardware, a Symbian OS version of the software is already in the works.

Download StyleTap for Windows Mobile here