Here's what Raspberry Pi has posted on their blog:
Over the past three months, we’ve been working hard to finalize the specs for the Raspberry Pi device, and to produce schematics and a PCB layout. Last Tuesday, we sent an alpha release of the board for manufacture. From an electrical perspective, this board is intended to be identical to the final device; the resulting units will be used to validate the schematic design, and will serve as our interim software development platform.
The Raspberry Pi is configured with an unknown ARM Processor, 128MB or 256MB RAM, SMSC LAN9512 USB 2.0 hub and 10/100 Ethernet controller.
Find more informations at http://www.raspberrypi.org/
- $25 ARM Powered Desktop presented by Raspberry Pi Foundation (armdevices.net)