This is good news for Ubuntu, as Intel left them for Fedora as the base of Moblin 2, which is now Meego. This means we have two main mobile Linux stacks:
* Meego for Intel and Nokia
* Linaro for ARM, Freescale, IBM, Samsung, ST-Ericsson and Texas Instruments
This is also good news for Debian I think, indirectly. Maybe some of the Maemo developers will decide to switch to Linaro just because of the Debian/Ubuntu base.
Of course, one may regret no to see all these guys working together in one project, but I hope it will bring the customers (us) a healthy competition and thus better products. As long as they don't develop another behind closed doors locking mechanism...
What I wonder now, is whether ARM on server is what explains IBM's presence in this company.