Just six days after The CyanogenMod (CM) team released the first alpha build for the TouchPad, they're back with alpha 2. Despite being bumped up a version, it's still an alpha, meaning there are many things that can (and likely will) go wrong. Still, it looks like they've made quite a few improvements with the update:
(AKA things we hope we fixed)
* Plugging headphones in should now shut off speaker volume
* Battery drain issues have been (partially) addressed
* More apps now available in market (thanks to Flemmard)
* Temporarily removed suspect fsck_msdos to fix random folder deletion on media/sdcard.