Thanks for all the replies, didn't think I'd get so many.
I ask out of curiousity because I just recently heard of the upcoming US release of the Gizmondo as a 400MHz handheld that runs Windows CE under the core (had never heard of it before, did a little research and it comes up short)
like DosFreak said, you'd expect by now there'd be much more powerful processors in handhelds these days and really all we can do is wait.
I'm not really concerned if a port exists to an available system yet, I wouldn't hesitate to do that myself if there existed something worthy.
Just wanted to see what you guys have seen or speculated about the possibility with the GP32, it's sucessor, Gizmondo, 400+MHz Palms, Tapwave, PSP.. etc out there now.. it still seems like the handheld hardware needs to catch up to today's expectations to run a worthy emulator like DosBox.