Ok. I download all three and test it. 
Need to ask, there is any others kernel for my old mid? Or something better for this device and your CM?

Hmmm. I don't see v1.1 in download section ;/

UP.
I just flash 1.4.1. 2 Error on start - cllassic BT and... up side down rotation xD First time see something that in custom ROM ;]

As you can then adjust the question about HW?

1.4.1 impresses. Work very smooth on old rk3066. Only that's few problems ;/
I can work without bt now. But video, images and Gameloft framework (all games crash instantly).

I download 1.1 and test but seriously want 1.4.1 ;]

PS. What model fix use for 1.1?
PPS. On model fix from 1.2 is logo loop
Without model fix it's ok. BT still dead ;]. Problem with store - don't load.

Btw. Why in 1.4.1 screen is upside down?

UPDATE.

I flash 1.4.1 again. Now only with kernel and parameter (plus newer loader).
Screen work ok, rotation to.
BT still down, but not big problem for now.
H/W for media - MX Player work nice with H/W. 1080 plays nice ;]
H/W+ don't work. On 4.1.x and 4.2.x (stock or little modded) work normal.
MX Player have little problem with subs. On S/W mode - don't erases last one before show next line. On H/W I can see subs only when see GUI of MXP. Need tap for that.

Time to time lost connection to internet (wifi still work) but in few h test only 2-3 times. Off/On wifi and go ;]
Wifi (internet) work normal. 20/20Mbps it's no problem (more I got only on PC) and this enough. 
Gallery looks like work correct. 
Time to time Play Store have problems, but just need to clear data/cache and go.

Time to time lost mSD (but this device have that problem on all fw ;/).
Little faster consume battery (even in air-plane mode).

Gameloft still down.

Problems for me now - 

- Any others players (like KM Player) still don't work (and subs in MX).
- Gameloft (time to time like play and have few y son ;])
- BT (not big problem but want test bamboo stylus)

Hmmm. Rotation don't work. All time is in landscape. 

Still testing. For now - better than v1.2.

PS. v1.1 work worse than 1.2 for me.

PPS. One more time sorry for my Eng.