Separate Palm desktop installs for Palm M505 and its apps and Palm Treo 680 and its apps on same Windows XP computer?

Question

Hello:
I'm trying to do a workaround. I've got a Palm M505 that has a terrific keyboard that hooks up to it. This lets me write documents in a very portable way. The Treo 680 never had the equivalent, really full-sized external keyboard made compatible with it. So, I want to create documents on the M505 but otherwise mostly use the Treo 680. 
Here's the rub. When I tried to sync both devices to my Palm Desktop version 4.1.2 for Windows XP, it didn't work. Hotsync tries to synchronize apps that won't work on the M505. Also, the versions of Documents to Go are very different (5.x versus 8.x).
I would love to have a separate Palm Desktop installation for each device, so I can have a nice desktop environment for each by launching them separately. But, the Palm Desktop installation "wizard" shuts down and won't give me the opportunity to do a separate Desktop install.
Any ideas other than buying an ultra-small laptop and dropping this kludgy scheme? For instance, if I were to copy the installed files from one directory to another, would this work, or would it not be set up in the Registry?
Thanks!
Post relates to: Treo 680 (Cingular)
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Answer 1

Okay. Stubbornness pays off! I was able to beam documents between my Palm M505 and Treo 680, avoiding the need for complicated syncing of both Palms to my laptop machine. I was also able to beam documents from both Palms to my Dell Inspiron M300 laptop, running Windows XP Pro.
When beaming between Palm devices, the results were better. In the M505, Documents to Go version 5.004 doesn't translate documents into Microsoft Word format but into something it calls Word to Go. The Treo has DTG version 8.003, which is able to read files in Word to Go format and save in native Microsoft Word for Windows format.
However, even when beaming a Word to Go (old format) document directly onto the Desktop of my Windows XP machine, it gave me a document I could open, with the text I'd input following a bunch of characters Word obviously didn't understand. If I add the file from my desktop to the newer Documents to Go version on my laptop, I expect it will translate it into a Word file when it syncs to the Treo but haven't tested that. In either case, beaming between Palm devices is the easiest solution and completely solves the problem.
For any readers who are interested, the reason I've so stubbornly tried to solve this problem is that I'm a fast touch typist. My old Palm M505 plugs directly into a wonderful, old Palm Portable Keyboard that is full-sized. Because it's a hard-wired connection, I can type fast. That old keyboard compresses into the same folded footprint as some new foldover external keyboards. It does this even though much bigger by folding in an accordian-like fashion, with four flat surfaces folder together. That keyboard design now exists in some of the keyboards sold by IGo corporation (their old name for it was Sierra Stowaway Bluetooth Keyboard). But, they were unable to figure out how to handshake their Bluetooth with the odd Bluetooth configuation in the Treo 680. Why Palm made the Bluetooth library different in the Treo 680 from other Treos is a mystery to me, but enough of this tangent. Some interested in this workaround may be curious for similar reasons.
Post relates to: Treo 680 (Cingular)