Perhaps you don't remember the Xperia L – this 2013 handset never made much of a splash in the US. However, it's proven a popular budget device internationally. It probably won't be seeing a ton of update love through official channels, but at least you'll have CyanogenMod. The first nightly build is available for the Xperia L right now.
The Xperia L has a FWVGA resolution (854x480) LCD, a dual-core Snapdragon, 8MP camera, and runs Android 4.2. You probably know the drill by now. A nightly build isn't as risky as the experimental ones, but it's not yet at the level of a milestone build (the replacement for stable builds). Flashing the very first nightly might be a questionable course of action, but you're free to take the plunge – just grab the 212MB ZIP.