Cyanogen fans who have made the jump to the Nexus One have cause to rejoice and a reason to flash their phones today. Making its debut at xda-developers is the latest and greatest offering from Cyanogen – the CyanogenMod 5.0 for the Nexus One. The ROM has a bunch of tweaks and optimizations for the Nexus One and can be used with or without the Google application suite. The full list of changes is after the jump. Happy flashing!

[via xda-developers and Lifehacker]

• Can be used with or without Google applications
• Latest 2.6.29.6 kernel which supports tethering, vpn, and other modules (cifs, nfs, aufs, fuse)
• Clean shudown/startup system
• NO APPS2SD. I’ve implemented a hack that will store the dalvik-cache of system apps in /cache, which saves you ~40MB on /data
• Built in USB tether
• Minor graphical enhancements and an excellent wallpaper by Prash
• ARM NEON optimizations (mostly to the pixelflinger library) which have not been included in the stock build yet
• Includes BusyBox, htop, nano, powertop, openvpn, and all engineering commandline utilities
• Multitouch browser using native API and code from Luke Hutchison. More MT integration coming.
• FLAC audio support from Kenny Root
• Phone enhancements from Cytown
• Perform zipalign-on-install of applications
• DeskClock tweaks- longer autosilence and “require unlock” option
• Compcache is available via Spare Parts, but I don’t recommend it
• Massive APN list
• Huge collection of ringtones and audio
• All available locales are included thanks to PsychoBoy
• Many other bugfixes and tweaks from AOSP contributors