Have you looked at the Yun? Like RP, it runs Linix, but also has an attached Arduino.
And it's MUCH more expensive!
I think I understand why the Yun is so expensive. It's an Arduino, but arduino isn't specialized into making a complete PC. Raspberry is specialized into making a complete PC - they have a $5 pi zero which betas teh Yun in every spec!
It's $75 and has 64 MB RAM. The Pi Zero is $5 and has 512 MB RAM.
Yun is $75 and has 400 Mhz Arm. Pi Zero is $5 and has 1 Ghz ARM.
Yun has is $75 and has no GPU. Pi Zero has one that can drive a 4K screen and built-in mini-HDMI port. The Yun has no video output whatsoever.
But.
The Yun has an ATmega. The Pi Zero has none. The Yun has 12 analog ports with 10-bit ADC, 0-5V (supports external reference input). The Pi Zero has... zero.
So what would really make sense is for raspberry pi to coordinate with arduino, so that arduino can work on the arduino/atmega side, and raspberry pi can work on the ARM side.
This would enable amazing applications such as:
-> Ultra low-power. The Arduino side could wake the Raspberry side as needed! The raspberry can boot in a few seconds, do whatever computation is required (or output to a screen!) and then be powered off agian. Right now this is an error-prone and non-integrated external solution.
-> The Raspberry Pi could receive integrated signals from the Arduino side without anything more complicated!!
Right now it's super complicated to hook analog inputs, over USB, into an embedded PC. I've done it.
If it were like a 50%/50% split between Raspberry Pi responsible for the ARM side and Arduino responsible for the ATMega side, it would be amazing! Plus, I bet they could even share pins so that the user decides whether pins go to the pi side or the arduino side 
What do you think? Wouldn't that board beat a $75 Yun? Or a raspberry Pi + expensive hobbyist breakout boards + complete arduino?
Look at this write-up:
http://readwrite.com/2014/05/07/arduino-vs-raspberry-pi-projects-diy-platform/
Really, why choose? It will never be easy for an Arduino without an ARM processor to send an email (without a computer). It's easy for the pi side to do stuff like that. But the pi side can't read a sensor, drive an analog device, that sort of thing.
Someone already had a similar idea here - Heh. Arduino Nano/Raspberry Pi Zero - Other Hardware Development - Arduino Forum
wouldn't it be pretty great? Why not?