My wife is looking for a new PDA to replace a broken Palm Tungsten and is thinking of either the Palm TX or ipod Touch

How is the ipod Touch for basic PDA functions - contacts, calender and tracking expenses? Is there a way to import all of the info she currently has on her Palm desktop into the Touch?

The Touch would be more fun and more apps can we expected with the SDK, and Palm does not seem to be developing their OS, but will the Touch do as well on simple PDA stuff?