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In my opinion, both types of resets are overdramatized.
I've only performed a hard reset once, and that was when I was being a moron and didn't realize that i could've easily fixed my own problem without a hard reset. Anyways, it wasn't that bad, considering I just did a restore process which, though it took a while, was perfectly fine and everything was back to normal.
As for soft resets, those are EXTREMELY overhyped.
1. I hardly ever soft reset. Every once in a while Windows Media Player will freeze up on me, and I have to do a soft reset. You're right - a Palm won't do that...oh wait because a Palm can't play MP3's. (sorry i just had to put that in there)
2. A soft reset is nothing dramatic or scary. I pop out my stylus, hit the reset button, and in about 5 or 10 seconds, everything is back to normal. I've never lost data on a soft reset, either.
So bottom line - backup your Pocket PC every few days or weeks (and I do'nt even do that), treat it well, and you have pretty much nothing to worry about, in my opinion.
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