Modifications such as governors,schedulers,overclock, exUV were added to the kernel base by Christopher83 (they are the same as in 3.0.66), also I'm using his compiled toolchains with NEON optimization along with O3 Optimization. So big thanks to these awesome people.
Until now it is still in an "alpha" stage as there are still some things to be added/imported from 3.4 kernel sources.
New x32 ABI support, this shall somehow maximize CPU perfomance
Swap-in readahead skips over holes
Crypto - sha224 and sha384 routines
Some minor file system changes
Networking enhancements (networking speed is a bit better)
Advanced Configuration and Power Interface S4 sleep state - this would result in ability of guest VMs to hibernate on Xen
Larger physical address extension on the ARM architecture
Some battery improvements, battery life seems to be better
Lots of open source graphic DRM changes
Intel Sandy Bridge performance improvements (only on PC's)
CastagnaIT - adaptions for ariesve
arco & ivendor - for their sources and their wonderful work
Doomsday94 - for supporting me and provinding aditional details
Christopher83 - for his awesome GitHub and his great Toolchains
ROM:CM11 ION Beta 4 by ADC Team
KERNEL:K^Kernel v1.3 for KK OC/ExUV 360MB
Recovery: TWRP 188.8.131.52 by ADC Team
Governor and I/O scheduler:SmartAssV2 and SIO (245-1612 MHz)
H/W Revision 0x06
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