Yes, i do have b-e. It was missing gconf, flex, bison, curses (installed ncurses-dev), then something else which i couldn't find in the repos, so i googled and installed texinfo instead which removed the error. I even upgraded to 12.04 beta and tried it on my Desktop and macbook pro (running natively).
Phew thanks kmihelich. Your toolchain works. Had problems with my desktop. It wouldn't compile anything and gcc segfaulted. Took me 3 days to figure out what the problem was. Turned out the ram doesn't like 800MHz even though it passes memtest just fine. Using it at 667MHz now