Hey gang, for those interested, I found on the openmoko website this awesome little file you can download, extract and quickly use to get the OpenMoko firmware to boot up in QEMU. So those who are interested in checking this phone out can get a slight sample of it this way. What I like about it is that I can begin developing for the project without having to own one!
The Emulator package is here
The Wiki page with more info on this is here