It comes in a 75mhz MIPS 16meg or 24 meg version. The Velo also has a 28.8k built in modem, microphone, and NiMH rechargeable battery pack. An AC adapter and a docking station is included in the package.
Lets start out with the hardware.
The Velo 500 feels sturdy and well made. I'm not sure how much it weighs, but it doesn't feel more than 1lbs or so. I wouldn't want to have it hanging from a belt pack. The case is made of plastic with a rubberized type coating. The top of the unit has a flip up RJ11 phone jack connector for the built-in modem and a push button to activate the voice recorder.