apparently llvm 2.7 now has great armv4 support, from
John Tytgat

llvm-svn: 99825
diff --git a/llvm/docs/ReleaseNotes.html b/llvm/docs/ReleaseNotes.html
index e3eafd6..368bcb5 100644
--- a/llvm/docs/ReleaseNotes.html
+++ b/llvm/docs/ReleaseNotes.html
@@ -500,6 +500,9 @@
 New LSR with full strength reduction mode
 The most awesome sext / zext optimization pass. ?
 
+The ARM backend now has good support for ARMv4 backend (tested on StrongARM
+  hardware), previously only supported ARMv4T and newer.
+
 
 
 CondProp pass removed (functionality merged into jump threading).