first, seems that 'sb-conf in -edL' should be 'sb-conf in -edLF' to avoid installing libfakeroot manually.
then everything went smooth (except that i can't understand why i should do 'rm -rf /targets/FREMANTLE_ARMEL_GCC472/opt' -- i ommited that step, there were only some perl crap which shouldn't hurt anything).
another thing i stepped in is alot of messages about duplicate functions (on a real project, not on 'hello_world.c'). some googling, and i found that i can add '-fgnu89-inline' to CFLAGS. i did that and then i was able to build my projects with this shiny new gcc 4.7!