As promised, here is just some more footage of the current status of the Pandora OS, based on Angström.
It's now using Matchbox already (the Window Manager we want to use) and I'm connected to the net using USBNet.
We didn't design a Pandora-specific theme yet, so it looks very basic. But I'll concentrate on that soon. The folders could ALL have different icons, so navigating is quite easy and cool.