This phone does in fact have more memory than the original Touch/Vogue/Elf and it has a processor a 400Mhz instead of 201Mhz. This one also works on CDMA technology instead of GSM.
Currently there is no ROM development that is publicly going on for the CDMA version of the Touch because it is a great device out of the box and with 128MB of RAM it isn't as necessary. Any ROM that you see is for the GSM variant and WILL brick your Touch.
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Compaq H3650 --> Handspring 600 (Sprint) --> HTC 6600 (Sprint) --> Dell Axim X51v --> HTC Mogul (Sprint) --> HTC Touch (Sprint) --> HTC Diamond (Sprint) --> HTC Touch Pro (Sprint) --> Palm Pre (Sprint) --> HTC Touch Pro 2 (Sprint)
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