As noted in the Wiki and Activity pages, there has been a lot of recent work on CeroWrt. This has led to a usable firmware build that significantly improves performance with various new AQMs on a home router.
The bql-40 release incorporates Linux kernel 3.3-rc3, bind 9.9rc2, defaults to installing the snmpd, fprobe, and avahi packages and has a somewhat improved AQM. This build is for the bold - use it on your secondary router. If Linux 3.3 works out we will start a new, more serious development cycle around it.
Read the BQL_series_release_notes|Release Notes for details.