I have all kinds of Android devices and I use Cyanogenmod on all of them. I like to have the same exact system on each; saves me time, to have to learn only one. Plus I very much like CM.
But on this device, for some reason, most of the development effort seems to go to the *toad releases. Could someone elaborate why? Secondly, why use a *toad instead of the "real" Cyanogenmod?