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Not quite a port "to Android", but I have this:
# uname -a
Linux eddy 2.6.21-rt1 #28 PREEMPT Sun May 16 09:25:07 CEST 2010
armv5tejl unknown
# node -v
v0.1.97-3-g75f0cf4
The build process was a little hairy and involved using a Buffalo NAS
as build host since cross-compiling node does not currently seem to be
supported. Also, I needed to link the object files manually as the
build process failed here.
Here are some binaries for your playing pleasure:
http://vaxbusters.org/node-arm5tejl.tar.gz
-Hans