A little while ago, the Mobile HotSpot app that is coming to the Verizon PrePlus and Pixi Plus appeared in the App Catalogue. Following, it was removed shortly thereafter. However, it was up long enough for people to download the app and get a hold of the installing package called com.palm.app.mobilehotspotupdate pre_1.0.3_all.ipk. This will install the app itself but not the services it need to operate. Some users over at PreCentral, in the thread Mobile Hot Spot For Sprint, found that you can install the beta versions of WebOS Internals' FreeTether and enable 'IP Forwarding' which will enable the use of Mobile HotSpot.
To install these and get them running you will need Mobile HotSpot, FreeTether (3rd from the bottom), and FreeTetherD Linux Deamon for Pre, Pixi, or Emulator. If you don't have WebOS Quick Install already download it here. Now install all of them with WebOS Quick Install and open up FreeTether. Slide IP Forwarding to on and you are free to open up Mobile HotSpot and use it to your pleasure.
