Searching more I found about this fantastic board.
It’s not for sale right now.It will cost $149(and additional shipping charge).Anyway for an engineering student like me in INDIA will make a very hole in my pocket :).
Googling more I came up with an FLICKR account for this board.See this http://www.flickr.com/groups/beagleboard/
You can find more info on http://beagleboard.org/
For IRC log see here http://www.beagleboard.org/irclogs/index.php
Check here for google code page (Get a lot of info from here) http://code.google.com/p/beagleboard/
I was in search of these kind of boards running GNU/Linux.When I get a job I will buy one.
Anyway a last link http://elinux.org/BeagleBoard with tons of info.