...is getting closer for me..
$ cat /tmp/cm_compile.log
HOST_ARCH=x86
HOST_OS=linux
HOST_BUILD_TYPE=release
BUILD_ID=GINGERBREAD
============================================
find: `out/target/common/docs/gen': No such file or directory
find: `out/target/common/docs/gen': No such file or directory
find: `out/target/common/docs/gen': No such file or directory
find: `out/target/common/docs/gen': No such file or directory
find: `out/target/common/docs/gen': No such file or directory
build/core/base_rules.mk:162: *** prebuilt/android-arm/gdbserver: MODULE.TARGET.EXECUTABLES.gdbserver already defined by android_prebuilt/android-arm/gdbserver. Stop.
Gonna rm -rf CM-GB; mkdir CM-GB; and restart the process to see if it's just a weird sync issue...