PandaBoard Upstream Focused Build 11.07
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Linux-3.0.0-rc7-g3371370, Linaro GCC 4.5, Android 2.3.4, software graphics

Build Page:

https://android-build.linaro.org/builds/~linaro-android/panda-11.07-release/#build=4

Boots On:

PandaBoard Rev A1 at 640x480p@60Hz DVI on DVI port, Dynex DX-24L230A12

Try the Build:

wget http://releases.linaro.org/platform/linaro-n/android/11.07/panda/boot.tar.bz2
wget http://releases.linaro.org/platform/linaro-n/android/11.07/panda/system.tar.bz2
wget http://releases.linaro.org/platform/linaro-n/android/11.07/panda/userdata.tar.bz2
./linaro-image-tools/linaro-android-media-create --mmc /dev/sdc \
                                                 --dev panda \
                                                 --system system.tar.bz2 \
                                                 --userdata userdata.tar.bz2 \
                                                 --boot boot.tar.bz2

Have fun!