Did folks notice:
http://www.raspberrypi.org/
Raspberry-Pi has already sold the first batch of 10,000, in less than one day!-)
I ordered mine too late to get one of the first batch.
People are twittering April, and even May as the next available dates, but I'll wait to see what Farnell say.
I believe both RS Components and Farnell are taking pre-orders.
An R-Pi might be a nice machine for cross-development for Cortex-M because AFAIK the native C/C++ compiler is gcc. It isn't exactly the 'no-platform' version, but I believe a few flags will generate Cortex-M code. I assume folks will be putting IDE's on it 'like no tomorrow'.
There may be effort to put LLVM on it too: http://www.llvm.org/ which might be interesting to experiment with.
So we may have an extra few hundred thousand ARM developers coming along, sharpening the tools we use :-)