The Giants signed this 6'10", 265 lb pitcher from Nashua of the CanAm League, an indy league in the northeast:

http://www.nashuapride.com/news/fullstory.php?id=1006

His stat line for Nashua was 7-4, 2.14, 54.2 IP, 22 BB, 63 K as a setup man/middle reliever.

Apparently Steve has a great interest in pitching mechanics and has done some work with our friend at Baseball Think Factory:

http://www.baseballthinkfactory.org/files/mechanics/discussion/prospect_report_the_mechanics_of_stev e_palazzolo

Wow!  There's some pretty impressive video in there!

That's not all.  Steve made the CBS Evening News with Katie Couric back in 2006 because he was dabbling with the elusive gyroball:

http://www.cbsnews.com/stories/2006/10/22/eveningnews/main2113218.shtml

I don't know what became of the gyroball, but it wasn't mentioned in the later Think Factory story.

I would guess Steve might start out in San Jose.  If that's the case, I will make every effort to see him pitch when the team travels to SoCal.  I suppose there is an outside chance they might keep him in the northeast and start him out all the way up at AA.

I supppose he's a longshot, but it's fun to fantasize about a 6'10", 265 lb setup man pitching for the Giants.