I'm pretty excited that Mr. Kridner and friends are working on a web-based IDE hosted on the device. I've been working on this kind of self-served programming tool for a while now, and I'm excited to see others joining the effort.

Mine is based around CodeMirror (http://codemirror.net), while they chose Cloud9 (http://c9.io). I actually started using Bespin, which was a precursor to Cloud9, but switched to CodeMirror because it had less kitchen sink included.

Built-in Ethernet and SD reader with Linux distro running node.js! Sold!

The specs were non-obvious, but the description doesn't make it sound much more capable than the Ethernet version of the Raspberry Pi (which will cost 2/3 less)...

This has a TI AM3358 sporting a Cortex-A8 and SGX 530, Raspberry Pi has a Broadcom BCM2835 sporting an ARM11 and Broadcom GPU. There's obviously more differences as well, but the better ARM CPU alone could be worth it depending on your purpose (I believe this is the cheapest board featuring a Cortex-A8 thus far)

Let's compare them when they ship. Personally, I will now be using Beaglebone over Foxboard G20.

R Pi will also have HDMI out. (But yeah its not out yet)

This will be great as I don't expect the R.Pi to be able to meet demand at first. 8-( Of course, the BeagleBone is announced the day after I break down and order a $129 EFIKA MX "smarttop"... I just want a self-contained Ubuntu or Debian ARM system to fiddle with.

Where can you get one of these, anyway?

Nice that the prospect of some competition is stirring things up!

The Beagleboard was nice but at $150 - unless you REALLY needed the small size you could buy an old laptop for less and get a screen/keyboard/disk/network/PSU