I've just installed Mountain Lion, Xcode 4.4.1 + command line tools, and MacPorts for ML.
It's working for other packages but I can't get figlet to install.
When I use sudo port install figlet in the terminal it stops quickly and outputs:
---> Building figlet
Error: org.macports.build for port figlet returned: command execution failed
Please see the log file for port figlet for details:
/opt/local/var/macports/logs/_opt_local_var_macports_sources_rsync.macports.org_release_tarballs_ports_textproc_figlet/figlet/main.log
To report a bug, follow the instructions in the guide:
http://guide.macports.org/#project.tickets
Error: Processing of port figlet failed

figletin MacPorts tracker. Only looking at the log will help. Can you post it to Pastebin--or something of the like--and link it in your question? – ephsmith Aug 12 '12 at 15:15