Originally Posted by androidoholic
It will most definitely be based on 4.1 which is CM10, depending on what changed from 4.1 to 4.2, it is possible that we may have to wait for HTC to drop 4.2 before we can get CM10.1
Not necessarily. A lot of people haven't bothered with the .1 when talking about it. Also 4.2 will not be dependent on HTC, that would kinda make custom ROMs useless once the manufacturer stops working on it. For example my last phone was a droid x. It took awhile, but people got a pretty stable cm9 build for that and Motorola stopped supporting it after gingerbread.