I've got a build of the latest source running on the pandora, but there are some issues.
Firstly, it assumes that all the datafiles (internal snapshots, fonts etc) are in a particular place on NAND. It's not immediately obvious why this is - it's linked to the build process such that the path of the executable is hardcoded into the binary, so will be non-trivial to fix for someone like me!
It's also very, very slow on the Pandora and not at all compatible with Notaz's updated SDL.
D.