I'd like to suggest the beagleboard from TI. It has a Omap3 on it. That's a Cortex-A8 ARM11 CPU, a C64x+ DSP and a video accelerator as well.
The board does not need an expensive jtag device. A serial cable an an SD-Card is all you need to get started. Board costs only $150 and there is a very active community.
www.beagleboard.org
