The daily built armel versatile D-I images [1] worked fine for me in qemu
just a few days ago. They use 2.6.24. There's one issue [2] related to
serial console, but graphics mode works fine.
Cheers,
FJP
[1] http://wiki.debian.org/ArmEabiHowto
[2] http://bugs.debian.org/484366
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