I thought I would quickly post a link to a great article on phoronix about Moblin V2 beta. I will definitely be trying this out on my Eee this weekend.
Edit: Here is an awesome video I found at engadget as well: http://www.engadget.com/2009/05/20/moblin-2-0-beta-impressively-demoed-on-video
Wow! Moblin give it an OLPC look. Awesome!