The CM Touchpad team has decided that they feel an Alpha is in order. The following is what one of the members, dalingrin, sent me to post here on the main site. I hope you enjoy this build that countless hours have gone into. However, please realize this is not a final product nor does it indicate the performance of upcoming stable build.
The full source will be released when the 8×60 tree is merged in the upcoming weeks. In the mean time, enjoy this developer preview.
After many near-sleepless nights, we have an early sneak peak at the CyanogenMod 7.1 port for the HP TouchPad. This initial alpha release is, as they say, rough around the edges. There are still plenty of bugs and a few non-working features, but overall it should be in a state that you can at least play around with Android on your TouchPad.
Initial installation will be done with a custom installer called the Alpha CyanogenMod Experimental Installer, or “ACMEInstaller”. The installer will resize the WebOS media volume to make room for Android. It will then create three new volumes: cm-system, cm-cache, and cm-data. The /sdcard storage found in typical Android handsets will actually be the WebOS media volume. This way, you can easily share your media between WebOS and Android. ACMEInstaller will be used to install ClockworkMod Recovery, CyanogenMod 7, and the Moboot bootloader.
To easily boot between different operating systems, a new bootloader, called Moboot, featuring a boot menu was developed by jcsullins with help from tmzt. They have done a fantastic job in a very short period of time to get a functional and well-made boot menu solution.
This first alpha has plenty of bugs, but many things are working at least partially, such as but not limited to:
-GPU acceleration
-1080p video playback
-Wifi(with caveats)
-Bluetooth(no headset profile)
-Touchstone dock support
-AudioKnown issues include, but are not limited to, the following:
-higher than normal battery drain, ~2%/hr while suspended
-only partially-working camera
-need to change the wifi sleep policy to “never sleep” in wifi settings
-some app compatibility issues
-too many issues to list hereKernel source is available now at http://github.com/cyanogenmod, and we welcome developers to submit patches for review at http://review.cyanogenmod.org. The rest of the device source will be released as soon as some changes to support the MSM8660 architecture can be merged into mainline CyanogenMod 7. This is expected to happen in fairly short order.
For more information, visit: http://kan.gd/17fw
Thanks for your support, and I hope you enjoy this early look at CyanogenMod 7.1 support for the TouchPad!

