Palm is trying to regain some dominance in the smartphone market with a new Treo model designed to take on RIM's market-leading BlackBerry line and, of course, the new iPhone 3G, the AP reports.

Offered by Sprint, the Treo 800w is the first major release from Palm this year and features Wi-Fi, GPS and the latest version of the Windows Mobile OS.

Even though the Treo 800w is launching only three days after the iPhone 3G, Palm already has some serious catching up to do, say a million units' worth. The PDA maker has been faltering for years, but its real undoing came from Apple, which managed to take the number-two smartphone spot from Palm within months of the iPhone hitting the market last year.

Will this new Treo do the trick to get Palm back on track? Use our comments feature to share your opinion.