We're still reeling from the news that Palm has just been bought by HP. It's a bold move by both companies, but one that we're sure is going to take off well. HP wanted to clarify their position on the purchase, along with shine a light on a few of the reasons why they thought buying the house that built webOS would be a good idea. To do that, they had Todd Bradley of HP take the reigns of a live webcast and go over some of the major points, along with some of the finer details. You can find a Q&A session after the break, which does a good job of bringing it all together.