In my article on Pre last week I mentioned that Palm would do well to investigate having an Android or Windows Mobile version. According to Engadget, if Palm does not put out an Android version, the hacker community might do it for them. Given that the processor in their phone is not a proprietary one it should be possible for someone to do provided they can get access to the bootloader.
I believe it is in Palm’s best interest to get an Android version out to market before the ‘jailbreak’ versions start. If they do they will retain control of their platform. I am also pretty sure they will also gain a huge amount of geek cred and accelerate their market share.