It's been a while since I compiled the latest OpenELEC GIT commit and created an image. So long ago apparently I forgot how to use anything Linux based (long story short - don't do 'apt-get purge ruby* on ubuntu, it removes grub :-/ ).
Built from the GIT source as of 23/07/2012. Binaries and 1GB SD image available below.
OpenELEC Binaries for manual setup
OpenELEC 1GB SD image for DD / Win32imager
Enjoy - any problems let me know in the comments (unless you're going to leave a comment like 'it not work' - if you're going to do that at least leave a description of the problem please).