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Terms of agreement:

I understand that Palamedes is free software that may not be used for commercial purposes 
without express permission from the authors, and cannot be reproduced and/or distributed
either in original form or in a modified form under a different name and/or authorship

... and don't forget to check back periodically for updates. Current version is 1.10.9. Type PAL_info into the Matlab or Octave command window to find out which Palamedes version you currently have.
Palamedes version 1.10.9 is compatible with bare-bones Matlab (i.e., without any of the optional toolboxes) going back to older Matlab versions (verified with Matlab R2009bSP1). Also compatible with GNU Octave.