I have picked up on the buzz on Raspberry Pi this week and decided to investigate it. Mine is still on order, but that didn't stop me from making an SD card with linux on it so I am ready to go (I hope!).
You can use RMPrepUSB to quickly make the SD card in 2 minutes. I also looked at the partition structure that you end up with after copying the image to the SD card. See the article here for details.
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