I just replaced CM7 with this and I it's both smoother and better suited to the (fairly basic, let's be honest) hardware on offer here - I'm quite pleased with it tbh
I do have one fairly sizeable issue tho - the decision to include an ad-blocking HOSTS file is mind-boggling and tantamount to (possibly worse than) just throwing pirated software in with the ROM.
If people want to block ads there are plenty of ways of doing it - and anyone installing this ROM has the root access they need to install such tools. By preloading the HOSTS you remove that choice AND you don't offer an "on off switch" either (which an app uninstall would offer).
I suspect many users will be completely unaware there's an adblocking HOSTS file at all - they may not realise until a game refuses to run (my own games refuse to run if they detect adblockers) or just crash (many games just exit if they detect adblocking without a message meaning the developer will get flak for your choice).
I also believe the HOSTS file you're using blunts performance quite a bit. Whether it's the size or just the weight of loads of traffic bouncing-off 127.0.0.1, it actually grinds some apps to a halt in my experience. Play Market/Amazon Appstore were ACHINGLY slow until I removed the HOSTS entries whereupon they burst back into their normal sluggish selves...
If you really must encourage people to not support developers (and as a developer I'd rather you didn't) then consider including an AdBlocker as an uninstallable/switchable app - or better still, just leave the choice to the user eh?