I am currently using it to make this post on my Nook Color running gingerbread via CM7. So far its pretty good, I like seeing landscape mode for typing, and his the threads shade when read and brighten when something new appears.
Something that bugs me is that my keyboard doesn't automatically capitalize the letters when a new sentence starts. It happens with other forum apps, just not this one, so it may not be my device.
EDIT: Got a force close when I tried viewing the "My Forums" tab in the forum select screen. It wouldn't show the "My Forums" tab at all.