In the Italian Palmone official site the Treo 650 was just officially made available at the price of Eu 699!
Two strange things though:
1) It is AZERTY keyboard! (wonder why)
2) In europe it is avaialble only in Italy - Being italian (cynical) I suspect that probably they have a batch of AZERTY Gsm versions they want to get rid of quickly! What better than unloading them on foolish italians ?