Now that the Android L Developer Preview has hit AOSP, a lot of people are thinking ROMs. If you’re thinking that CyanogenMod 12 will be out soon, think again. The “L” is for “Later” as they see it, and I agree 100%. It’s a wonderful thing that Google released a preview version of L for us to play with and for developers to get accustomed to, but it makes no sense for a team like Cyanogen to spend much time with something that is full of bugs.
So expect CM 11 M8 (Android 4.4.4) to be released right after the 4th of July weekend, and their main focus will continue to be CM11 until Android L becomes a final release.