Palm is not being assimilated today. It is, however, getting fresh blood on its board with more leading pocket device experience.

A new executive chair of Palm’s board arrives after successes leading Apple’s iPod division and will lead new product development as part of the reorganization. Other new directors from the equity capital firm which engineered the deal are another former Apple exec and a third, said to be fervently pro-gadget. Two board members are replaced, one a hangover from 3Com days, in a deal which preserves Palm autonomy and brings in more cash, without assimilating it within another device manufacturer.

What are your thoughts on the preservation of Palm’s independence? Is this better than the buyout/takeover market pundits have been pushing for Palm? Join the discussion.