Folks who want to turn their Palm Pre into a Wi-Fi router can now do so by installing this free application known as My Tether. Two versions are currently available – version 2.0 will cost $10 and comes with an easy installer, while version 1.5 doesn’t cost you a cent although you will need to do some bit of hacking for youself. For those who prefer to save a tenner and settle for the latter solution without having any idea on how to go about it, here’s a pretty detailed tutorial to help you get your Palm Pre hotspot up and running in less than an hour.