CyanogenMod is probably one of the most recognized groups of Android developers you can find on the internet. They have a very large group of developers, which means that they also have a very large number of devices to support: at last count, CM has ROMs for over 100 different devices - that’s a lot of custom ROMs. As an HP TouchPad owner, I have been using CM9 for a few months now, and I absolutely love it. Without the CM team, I would probably not use my tablet as much as I do if I had to use webOS.
If you aren’t familiar with CM at all, here’s the lowdown: there is one rule when it comes to CM, and that’s not to ask for updates. The team is very busy, and is constantly updating things on their end. They all work very hard, and for most of them this work is done on the side of their real, paying jobs. They usually can’t give an estimate on the when the next iteration of their ROM is coming out for your device because they probably don’t know when it will be released. However, a few days ago they broke their own rule, and announced that they were doing a code freeze to ready for the first release candidate of CM9.
A release candidate is simply when the developers feel that the software is stable enough to release to the masses. They also have nightlies that are available to download if you want to be on the cutting edge. You run the risk of having a bug or some other issue if you are using a nightly version, but the release candidate is usually pretty stable. CM is still compiling the list of which devices will be getting CM9 RC1, but that list should be available soon. Keep an eye on CyanogenMod’s website for more information.