In technology news, the new BlackBerry Storm smartphone has a New York Times reviewer calling it the “BlackBerry Dud.” Unlike its predecessors, the BlackBerry Pearl and Bold, the Storm model doesn’t appear to live up to the BlackBerry tradition. According to the review, the new touchscreen (designed to compete with the iPhone) doesn’t respond well to touch. And its lauded email capabilities have been compromised on the new Storm. Hey BlackBerry makers, Research in Motion (R.I.M.) maybe you should have listened to the old adage: if it’s not broken don’t fix it….(Note: Blackberries still outsell iPhone).

With the U.S. economic problems looming, President-Elect Barack Obama named Paul Volcker, the former Federal Reserve Chairman to head his Economic Recovery Advisory Committee. Obama chose Volcker for his independent and fresh thinking. “At this defining moment for our nation, the old ways of thinking and acting just won’t do,” Obama said at a news conference in Chicago reported Bloomberg. This economic board will look for new ways to revive the U.S. economy.

In other President-elect cabinet news, sources tell CNN that Defense Secretary Robert Gates will keep his job for at least the first year of Obama’s administration. These sources also report “Obama is interested in some continuity at the Pentagon because he is entering office while dealing with two wars in Iraq and Afghanistan as well as the international financial crisis.” Other analysts claim the new president-elect is demonstrating his commitment to bipartisanship.

And if we haven’t noticed, the President-elect is making his cabinet picks fairly quickly. Obama is once again making presidential history with choosing his picks faster than most of the other presidents. Many political insiders are surprised because of the President-elect’s extensive candidate questionnaire and background check. Yet Obama appears committed to acting quickly to ensure a quick transition that will strengthen the economy and preserve jobs, which are on the minds of most Americans.

And if following up on his earlier threat to Obama, the Department of Homeland Security (DHS) said al Qaeda has sent a “plausible but unsubstantiated” report to Federal authorities that may have mentioned attacking transit systems in or around New York City. The DHS and FBI said Tuesday that the attacks would be waged with suicide bombers or explosives on trains and subways. Although the agencies don’t have details at this moment, they issued the warning because of a potential attack during the holiday season.