apt-get source qemu
use these files in place of those in the qemu tree

Build qemu
  ./configure --target-list=arm-softmmu
  make

Run with
  arm-softmmu/qemu-system-arm -S -M mc1322x -nographic -pflash /home/malvira/mc1322x-tests/tests/blink-red.bin

which will load the bin at 0x00400000 and execution will start there (type c).

I plan to add a way to load a rom image as well...