[Update: As pointed out by a reader, Palm has since posted a denial of any slippage. You can read more about it from this Macworld post.]

Palm’s new Foleo has been delayed, so says Deutsche Bank analyst Jonathan Goldberg, putting another dent in a product that already had most folks scratching their heads in bewilderment since day one.

Goldberg writes that: “In a round of checks yesterday we learned that the Palm Foleo will be delayed.”

Here’s an excerpt from InformationWeek, in which Goldberg says:

The product was supposed to hit Palm stores this week, but was delayed when software bugs were detected. These apparently included an inability to synchronize the Foleo with most models of the Treo, in particular the nominally high-volume Treo 680.

Our contacts indicate Palm now expects the device will ship in late September/early October.”

The Foleo has been touted by Palm as “a new category of mobile device,” and also “the most exciting product I have ever worked on” by Palm founder Hawkins.

It is no doubt that Hawkins, the inventor of both the Palm Pilot and the Treo, was spot on with the original Palm Pilots, as well as correctly predicting the imminent popularity of the smartphone class of handhelds. When most companies were only coming to realize the market opportunities that a PDA with integrated mobile functionality presented, the Treos were already out and selling like hotcakes.

However, one cannot help but wonder if three mega hits in a row is really too much to expect from one person. Is the Foleo a desperate stab in the dark or a stroke of genius?