For sure it's working, i'm running it.
I made the mistake to flash the bootloader and now i can't use itsmagic anymore and can't reboot in recovery. I had to go to work, so i didn't look deeply for now.
So be carefull, and use the modded CWM version without the new bootloader.
But i looks like it's needed to make it boot.
If you try the CWM version, let me know if it boots.
* Acer Liquid S100
(Vachounay, Streamounay, LCR E/S/F, Sense ports)
* Acer Liquid Metal S120
(MIUI, CM7, Metalounay, Gingerounay)
* Acer Iconia Tab A500
* Acer Iconia Smart S300
* Acer Liquid Glow E330
(Glowing Liquid, Glowing AOSP)
* Acer CloudMobile S500
* Acer Liquid E1 V360
* Acer Liquid E2 V370
* Acer Liquid S1 S510
* Acer Liquid S2 S520