Actually, now that I think about it, my old programs Rexchess and Socrates (with Don Dailey) had excellent results against Grandmasters, including even a World Championship Candidate, in both blitz and rapid tourneys around 1990 on hardware like a 486 processor at 25 MHz. How would this hardware compare to that of the Palm Hiarcs used? Since this hardware is hundreds of times slower than my quad, I guess it follows that Rybka on my quad could indeed crush grandmasters with 1'+1" vs. 30'+10". I'm only an IM, but I have no chance at all if I play Rybka on my Quad 10' vs. 1'.

I agree - no handicaps - this makes a nonesense of the objectives of the match.

I for one would prefer to see a tournament played using the rules of chess that the GM is familar with; let Rybka use the same set of rules and run Rybka on hardware that the majority of people use today, i.e., not a quad machine.  The outcome of such a match up would be much more meaningful to those interested in this type of event.

I would rather see longer games instead of the rapid games he plays.
And many of his wins are due to rybka losing on time. And his anti-computer style isn't real anti-computer chess (its a fake copy).
Maybe its the time controls that forces it to be the real stuff?

There is a fine difference between the way Pablo plays and the way Ernest F., M.D. Pecci plays (author of Chess: A Psychiatrist Matches Wits with Fritz ISBN-10: 1929331045 ).
Dr. Pecci in his book employs specialized barrage positions in which he always attack the computer on the kingside by first building up a specialized barrage position in which to attack from for mostly wins and rarely a draw (As he shows in countless games). He has done this against Fritz 6, Shredder 6, and even Fritz 7. You should check this book out. Its just my strength, tactics, and attack ability is too weak (or I'm too lazy to read the whole book) for me to beat Rybka and others. I'm only a 1700elo at best (1600 on average). Maybe I should read and study the entire book? I would just rather see such strategy on a more newer engine (like rybka).

Anyway in one game against X3D Fritz, Kasparov employed a somewhat similar tactic to tie Fritz up and slowly crush it for an easy win. That game was beautiful to me and not an ounce of boring play. It was very embarrassing for Fritz. But kasparov only used this tactic once in the entire match. Which was just to get back even.  The authors of Fritz probably makes deals with the GM playing (getting them to not play anti-computer chess against Fritz). That is why I think Kasparov and Kramnik (and maybe some others) and instead played normal chess. Either it was a deal or they did it for the fans. But nonetheless, I very much believe that most GM could win easily against the computer employing such tactics.

So Pablo's technique is not the same. Especially playing at the time controls he does. Albeit if he plays at much much longer time controls then he probably could win many.
Assuming he employs the techniques in Dr. Pecci's book.