I just got this via their announce list. It looks like this will be very beneficial for cross-compiling for the Pandora!
CodeSourcery is pleased to announce the availability of the 2008q1
Sourcery G++ Lite Edition release for ARM processors. This is
available for download from:
http://www.codesourcery.com/gnu_toolchains/arm
New features in this release include:
* GCC has been upgraded from GCC 4.2.3 to GCC 4.3.2. This upgrade
provides improved optimization, as well as a number of new features and
quality improvements. Other components, including GDB, Binutils, and
GLIBC have also been upgraded.
* Improved optimization for Cortex-A8 and other ARM CPUs.
* Improved support for NEON and, in particular, auto-vectorization using
NEON.
* Half-precision (16-bit) floating-point support for Cortex-A9 CPUs.
Enjoy!