The STM32F429 Discovery board [1] has 2MB of Flash and 256KB of internal RAM. It also looks like it has 64 Mb of SDRAM which might be what your looking for. We have an engineer where I work who is trying to get mRuby up and running on one. It has tons of memory for a Cortex-M part/board
[1] - http://www.st.com/web/catalog/tools/FM116/SC959/SS1532/PF259...