Dear Murdock, I am currently in the same situation as you, however I have not yet purchased the Thunderbolt Display.
I do think I have the solution. Obviously, there múst be a way to connect the monitor to a MiniDisplay Port MacBook Pro. However, you must realize that there is no way the 'thunderbolt' connector / ethernet / usb ports will work, since all this information is transmitted by Thunderbolt, and this hardware is not inside you MBP.
What probably will work, is the monitor / speakers / webcam itself, since this data is transmitted via a MiniDisplay Port signal.
To test if the monitor itself (so not the hardware, but only the monitor) will work, you need to purchase 2 MiniDisplay Port to HDMI switches (from Belkin or w/e) and link the display via HDMI to your MBP.
So the setup will be:
Display - MiniDisplay Port to HDMI - HDMI cable - HDMI to MiniDisplay Port - MacBook Pro.
The display should transmit the monitor signal. I cannot tell you this with certainty because nobody in the world seems to have tried this and the display is still not in stores for me to try this method out. But since atm your monitor is not responding, this might be the only way to actually get your screen to work. Again, note that the back ports on the screen (Thunderbolt/Ethernet/USB) will likely not work since this data is not streaming through the MiniDisplay Port signal, but through the Thunderbolt signal.