This was his Dec 21st story on the TouchPad based on his sources, so judge for yourself about his sources:
...HP will introduce three models of the PalmPad at CES, with minor hardware differences distinguishing them. All three will run a new iteration of the WebOS operating system, version 2.5.1; they're collectively a spin-off of the never-released HP Slate. A fourth version won't be shown off at CES, I'm told, but it will be custom made for university students to prove how versatile the machines can be.
The consumer version of the PalmPad will run on Sprint's fast 4G network, but otherwise it has hardware specs nearly identical to Apples iPad. There are minor differences, of course: It has a mini HDMI port, for example, while the iPad requires a special dongle for video output. And there are front- and rear-facing cameras (1.3 megapixel and 3 megapixel, respectively), both with LED flashes.
The PalmPad is slightly thinner than the iPad with rounded edges closer to the Amazon Kindle. At 1.25 lbs, the PalmPad also sports a USB 3.0 port and a "multi-switch" just like the one on the Palm Pre.
The university version sports an 8.9-inch screen and will have access to a universitys internal educational software; it'll also sport any other specs specifically requested by the institution. Students will start using these in the Fall 2011 semester, HP hopes.
The three versions being shown off at CES haven't been finalized yet, but will probably have a larger screen than the university version, one nearly identical to the 9.7-inch LCD on the iPad. ..
EXCLUSIVE: iPad Competitor Coming Soon From Palm - FoxNews.com