The answer is yes: it is possible to install Linux on this this. The only issue is having a driver for the A4 processor and whatever else they put in there. Of course, there are better alternatives that are already Linux compatible. I just figured someone may be thinking about this topic as well but just haven't said anything.
I personally feel that Linux has the upper hand with mobile computing because of it's core design allowing for minimum resources to be used while still treating the device like a computer (and not some special godsend that doesn't work with anything). That sounded like trolling, sorry. I feel the benefit of making Linux available for this system would be awesome.