While much of the custom ROM community is focused on getting the latest and greatest Ice Cream Sandwich-based goodies onto their devices, the CyanogenMod team continues work on the Gingerbread-based CM7. The current iteration, CyanogenMod 7.2, is being developed alongside the upcoming CyanogenMod 9, and a final release is coming "soon" according to the latest status update.
There's also good news for owners of devices that won't make it up to CM9 -- development on version 7 will continue beyond 7.2, so hopefully no-one should be left in the lurch. Finally, the CM team announced that five new devices have been added to the nightly list for CM7.2 -- the HTC Status (aka ChaCha), HTC Wildfire S, LG Optimus Chic, Motorola Photon and Samsung Galaxy 5.
There're more details to be found in the full CM status update, over at the source link.