font-palette indicates that its initial value is normal. The prose for normal says:
User-Agents attempt to treat the color font as closely as possible to a non-color font.
This is kind of unfortunate, as it means that color fonts, by default, will be rendered 'as closely as possible to a non-color font.'
In WebKit, we'll just use the 0th palette by default. I don't know what other browsers do (@drott) but if they do the same then we probably should adjust the description of normal.