eugene373 has released an Eclair build to the masses.
The reports on this rom have been pretty positive so far, and it looks promising. Oh and how could I forget this rom has working wifi and Bluetooth.
Eclair aosp build
Added in CM-42 Kernel
Edited the Ramdisk for Both Dream & MyTouch 3G Support. InIt. MyTouch 3G BT Would not work, and a few Misc Problems.
-goldenarmZ gapps used in Rom. Be Sure to thank him @ XDA http://forum.xda-developers.com/showthread.php?t=588162-root
-a2sd ext 2 / 3 – a2sd Native in Ramdisk ( goldenarmZ a2sd Script used )
-linux-swap
-Trackball Light Working
-sync is broke, be sure to turn off
-facebook app from sholes dump
-MySpace App from LG eve Dump
-Moto navigation
-Wifi working for Both G1 & MyTouch 3G
-BT Working For Both G1 & MyTouch 3G
-astro-WiFi Tether added & Working
-Droid Boot Anim Added, But needs Resized.
-Huge Ringtones edits, LG / Droid / Donut / Milestone
-APN List
-Edited Screen Anim Merged with Eclair
-MoTo Weather Widget Added
-Moto Frameworks added
-CarDock Added & Working
-Support For system/init.rc & Data/init.rc Added in Ramdisk.
-init.sapphire.rc Added into Ramdisk
-Misc Clean up-Defualt Setup wizard fixed
-System Links Fixed
-Busybox system links Fixed
-File Structure Change
-Cache is formatted at end of flashing rom
Find out more info over at this XDA thread