NAND
From Pandora Wiki
The Pandora has 512mb of internal memory on the NAND.
Type "df -h" into the terminal to check how much space you have left on the NAND. A clean installed unit will have "about 80mb left".
Not being careful (especially by installing too many things with OPKG) could mean that you'll run out of room and need to reflash your Pandora.