Distros? Really nokiabot! Come on man!
Look up what you can run and the people who have and their experiences is my best suggestion...some distros work very well...others passably ...others need work...it comes back to interested parties wanting to work on devel...puttering about and pissing around with stuff.

The current prices of the device make it a great investment to the hobbyist or curiosity driven hacker....It doesn't cost 100$'s or 1000's....it's pretty damn cheap...any cheaper and they would come in cereal boxes...and there are lots of them still on the used market.

Think of it like this...the scientists left the lab to work in a bigger lab with diff equipment....so this n8x0 laboratory is collecting dust...all the stuff you need is here...all the trial and error...all the programs...all the user experiences...just waiting for the next bunch of inquisitive scientists to come in and turn the lights on and get back to cool sh$t.

Unless there are any more questions...I'm heading back to my little section of the lab... ..best suggestion grab a couple ...1 of each...turn some lights on in the old lab...clear the dust off one of the virtual workbenches ....and start puttering ..creating ...discovering.