Moblin + Maemo = Meego?

Nokia and Intel have just announced a mobile collaboration project called Meego. This appears to be an open source merger between Intel's Moblin and Nokia's Maemo projects. It will be hosted by the Linux Foundation at http://www.linuxfoundation.org/meego . It looks like the project will leverage the Qt toolkit and support both Atom and ARM CPU architectures. I'm not sure what this means for Moblin or Maemo (and devices like the N900), but if the resulting project is open source and maintains a steady rate of innovation, I am in favor of this change.

Meego already has a FAQ page for the curious. The Meego Wiki is currently very sparse, but may eventually be a good source of info. For the developers out there, there is a developers page, complete with a tutorial on how to make a basic Meego app.

Video:

Nokia and Intel execs talking about Meego:

The technical steering group discussing the project: