Features:
Built for LDPI
MiniCM Update notifications via c2dm (CM Settings -> System -> Update notifications)
App2sd / Dalvik2sd compatible with 2.1 app2sd (storing to ext2/3/4 pre-existing partition is detected and mounted as such)
Gingerbread's native App2sd (storing to fat)
In kernel ClockworkMod recovery v5.0.2.3 and option to reboot into Recovery
Modular Undervolting and Overclocking handled CM Settings menu (by default none is active)
Extra CM Performance Settings menu for SD Read Cache Speed
Extra CM Settings display menu for Ultra brightness
Smooth 2D scrolling in menus
Fake Dual touch in kernel
Mddi lag fix in kernel
Native Wifi Hotspot
Native USB tethering
Flashlight toggle from lockscreen
Most of the core components are built from sources