The POC is here, all cross compilate; our first custom armel Debian Squeeze 6.0.3 with Gnome 2.30.2, Genesi 2.6.31 kernel and iMX Video Driver.

Debian Squeeze ARMEL

Linux (none) 2.6.31.14.27dreagle-efikamx #1 Sun Nov 27 10:44:17 CET 2011 armv7l GNU/Linux
Processor	: ARMv7 Processor rev 5 (v7l)
BogoMIPS	: 799.53
Features	: swp half thumb fastmult vfp edsp thumbee neon vfpv3 
CPU implementer	: 0x41
CPU architecture: 7
CPU variant	: 0x2
CPU part	: 0xc08
CPU revision	: 5

Hardware	: Genesi Efika MX (Smartbook)
Revision	: 51030
Serial		: 0000000000000000

This is a SDCard boot ready system...

Stay Tuned !