The LG Nexus 4 may not be in the hands of very many consumers yet thanks to Google’s questionable handling of the device’s launch and relaunch, but as expected the CyanogenMod team has already been hard at work both with the new Android device and a new Android version.

Just today, one of the first CyanogenMod 10.1 builds was released, appropriately to the LG Nexus 4. This latest build is based off of Android 4.2 (not 4.2.1), and includes all of the new features that Google added in 4.2 such as notification toggles, multiple users, and the upgraded camera app. The notification toggles in the build should be particularly interesting, as the team decided to offer a number of different options for users who preferred the old style of notification toggles as well as those who want a more customization version of the stock Google toggles. While I don’t know if it has been added yet, I also hope to see CyanogenMod developers enable USB OTG capabilities in their ROMs, even if it requires a new kernel.

Although I sadly don’t have a Nexus 4 yet myself, I’m sure that as soon as I’m done reviewing the stock software I’ll switch straight to CyanogenMod 10.1. While I delayed the switch for a while on my Nexus 7, the Nexus 4 will be less of an entertainment device and more of a productivity device, so I’ll make use of CyanogenMod’s additional customization and options. For those lucky enough to have a Nexus 4 already, I can highly suggest that you give CyanogenMod 10.1 a try if you are looking for a slightly more powerful version of the stock Android 4.2 OS.

[CyanogenMod Downloads]