Trying this now, unfortunately it seems too much of it is in chinese for it to be usable. Seems to have an AOSP base though so we could rip bits out of this and possibly add into English AOSP roms.
I am going to try porting the Launcher for a start, the UI is quite intriguing. It has lots of nice extras we've not seen before.
BTW this is not just a custom launcher, this has a heavily modified framework ... for example
Custom lock screen
Brand new launcher
All lists are now "bouncy" at the top and bottom
Custom controls on the notification screen
OTA Update facility
Other apps for downloading and installing apk's such as RockPlayer
Lots and lots of other goodies too
Shame so much of it is in chinese, I look forward to a translated version of this!