As most people seem to have taken this out of context I will try to recount the speech from what I can remember (the speeches wil be out today so you can all hear it from for yourselves)
Simple fact the PDAs and Smartphones on sale at the moment (the PocketPC ones) are very high spec (if you compare to most amigas that people have at the moment)
Eg Ipaq go up to 400Mhz and 64MB ram,
This is to make up for the crap that MS have (in terms of games and other content).
Amiga managed to show the AmigaAnywhere content to MS (I am sure you will here the full story from the speeches but its too long to talk about here).
They loved it as you could just use the same memory card in most of their devices, and the other memory card (they have Compact flash and a Secure digiatl version - IIRC),
not only that but the content was so much better in terms of quality and speed compared to what they have, that they made an agreement to get it out in the big wild world.
SO they get better content which will help sell their PDAs (they will be bringing out their own PDAs and Smartphones at really cheaper prices as they think the other major companies sell them for too much and so they dont get to the ordinary people who like playing games - which is what most of the AA content is at the moment).
One example of MS Smartphone can be found on the
Orange website. look out for the SPV near the bottom of the page.
This will run the AA content as it has a Secure Digital slot and as it runs PocketPC you can us the current AA game packs.
SO MS DO THE SELLING AND NOTHING ELSE (for the moment).
Amiga get royalties for each pack sold (and so do the developers).
All this marketing with hardly any work (other then developing more content and supplying it - IE NO MORE LOOKING FOR NEW CHANNELS TO SELL THE STUFF).
With the (hopefully) money rolling in, they can also concentrate more on AmigaOS and getting it to be the best host for AA (or should that be DE).
Theres lots more too it but as it will be out on the web soon (as mp3 I think), your just going have to wait.