Palm today introduced the Zire handheld, the company’s most affordable and lightest-weight handheld. The US$99 handheld is targeted at first-time buyers and is billed as “an affordable way to organize your life.” The Zire features Palm OS 4.1, 2MB of memory, and a 160 x 160 monochrome display. The handheld also ships with Palm Desktop software for Mac and PC connectivity, and the Classic Palm Applications (Date Book, Address Book, Note Pad and To Do’s). The Palm Zire is available now.