Thanks James… well you sort of have!
I do understand that at present anyone with a desktop PC, or laptop/netbook currently has a choice of a very large number of Linux "derivatives" and I also accept that, as you say, although the kernel may be common, many other "bits" have to be added (or changed) before any of them will actually be compatible with the specific Raspberry Pi hardware, which uses a different "CPU" for a start. Then of course there is a choice of different desktops, web browsers, file handling systems etc. to suit the preferences, or requirements, of the individual user.
Currently we have Debian and Fedora already available, and it doesn"t look as if a "version" of Puppy is too far away either, so my question was really whether we might also see a "distribution" of RedSleeve developed specifically for the Raspberry Pi computer, which is actually mentioned on the website, also made available in due course… yes, I did take the trouble to check it out first!
I can actually see the Linux "camp" itself receiving a massive boost from the Raspberry Pi, as purchasers realise that there is a "free" alternative to Windows, after all… but that is already being discussed elsewhere!