There is an extensive and well put together write up on all that is vibrant STICKIED at the top of the forum. I would suggest that you read over it in full and make your decision from there. Currently there are no ROMs released for this phone. For more info on development you should follow scepter and wesgarner on twitter and you can find the thread in the development forum for any updates that come about.
Catchin' the VIBE on the XDApp
Anyone who has contributed/contributes their time, effort, and work the android community