Twitter user jblebrun spotted the Palm Pre on the Caltrain. The Palm Pre is a much anticipated phone and certainly a come back for Palm who went quite for a while.
Nothing much could be seen of the phone in use except for having a slideout QWERTY keypad which was already a known feature. The main point here is that it's another Pre out in the wild which suggests they are probably nearing a stable build and release date.
Palm suggest that the phone will be out the first half of the year which doesn't give them too much longer to get it ready.
Via: MyPre