Well if you can imagine crossing a games console (with gaming controls) with a tiny computer complete with keyboard that's the pandora. Here's the specs;
* ARM® Cortex™-A8 600Mhz+ CPU running Linux
* 430-MHz TMS320C64x+™ DSP Core
* PowerVR SGX OpenGL 2.0 ES compliant 3D hardware
* 800x480 4.3" 16.7 million colours touchscreen LCD
* Wifi 802.11b/g, Bluetooth & High Speed USB 2.0 Host
* Dual SDHC card slots & SVideo TV output
* Dual Analogue and Digital gaming controls
* 43 button QWERTY and numeric keypad
* Around 10+ Hours battery life
Note that the CPU is ARM and not x86. That's how it gets its longer battery life. x86 would be as flat as a pancake in only a few hours.
Although the pandora is being made overall by a company (with totals I think about a handful of people) a lot of the design also took place via the forums. So they asked how for example what people would like (within reason!). The system runs linux actually now several versions of linux! Running/adding programs to the pandora should be easy too there is already a sort "appstore" being created (that name will likely change).
The whole thing's pretty much open. Only questions to ask if some piece of software will run on linux is this.....a) does it have sane requirements (i.e. not requiring a quad core AMD phenom II and nothing less!);

does it have source code? (if no then no chance really of running it) and c) does it fall into pandoras' specs. If all those OK are good to go it can either be compiled or someone can compile it for you. BTW windows will *not* run on the pandora. (For me, a plus!).
So you could emulate an earlier games console on the pandora or if you wanted you could have that portable Amiga or C64. Or just use it as a tiny laptop!
There are also lots of youtube videos showing prototype pandoras running, often with emulators.
Here's a list of bits 'n' pieces of stuff (software) that runs on the pandora so far;
http://pandorawiki.o...#Other_programs
The official website and blog;
http://www.open-pandora.org/
The unofficial blog;
http://pandorapress.net/
Some videos here;
http://www.kultpower.de/pandoravideos
Wiki;
http://pandorawiki.org/Pandora
(might possibly be a tiny bit out of date in areas)
More infos;
http://www.gp32x.com...ormation-index/
A picture;
http://pandorapress....-zodttd-450.jpg
The cases have been given the green light though I don't know how many will be produced because the cases are being made in china and Chinese new year is coming up real soon. So worst case there'll be a small delay until late Feb, not sure. If you want a pandora btw best to email them I don't know if there are any avaliable (I think from memory the 1st batch is only for 3000 units, there is a second batch I think). Best to ask first see what they say.
Me personally I'm looking apon the pandora (production wise) as a sort of "proof it can be done". That is instead of having to buy something from some corporation (incert name here) x.x -- instead something just as good if not better can be produced by a bunch of people online using forums

!
I really hope I'm not sounding like an advertisment here :-( !
SP