Is debian prepared for the Raspberry Pi (ARM11)?

[Peter Littmann <peter.littmann@kpl-consulting.de>]

Hello,

I love Debian Gnu / Linux and I like this fresh announced product, the
Raspberry Pi.

Please inform me if and if not, when will Debian be prepared for
supporting this new product?

The estimated details about the Raspberry Pi are:

- ARM ARM11 processor
- MALI-200 graphic

Further details are given here http://www.raspberrypi.org

and will be collected here: 
http://de.wikipedia.org/wiki/Raspberry_Pi_Foundation

Does this design makes sense to you or do you have further wishes to
support this computer edutation platform?

At least the Ram of only "128MB SDRAM" seams to be a little bit small,
isnt it?