flash them into a SD card with Linaro image tools (bzr branch lp:linaro-image-tools, if you're already a launch member):
sudo ./linaro-image-tools/linaro-android-media-create --mmc /dev/sdx --dev panda --system system.tar.bz2 --boot boot.tar.bz2 --userdata userdata.tar.bz2
The build uses the Linaro kernel 3.0+ and Android version 2.3.5.
It boots and comes up in 640x480 on a HP LP2065 monitor (HDMI -> DVI converter used)
Thank you all for your great efforts!
Regards
Patrik