Just an FYI to all, v1.2 does not come with a calendar app (at least, there wasn't in mine) so you'll have to download one or flash the stock. Also, the Messaging app that it comes with from Cyanogen, while completely awesome. Does not receive audio recordings correctly. It translates the AMR file that you get from someone into a Q... crap i forgot.. Q something.. it's a qualcomm file format that android hates. so if you want MMS to work correctly, you need to use the stock app.. which sucks, but it works.
UPDATE:
QCP is the file format. It's strange, if i send an audio recording to myself, it saves correctly as an amr. but if i get it from my wife who is using stock messaging, my messaging app translates it into qcp. anyways, this was an identical problem as what velocity 1.1 had, and I told death2all all about it. The only way to fix it was to flash the stock messaging app. I'm trying to confirm whether that is still the correct fix here.
UPDATE2:
Yes, by changing the messaging app back to stock, the audio recording sent to me works fine now.