The CyanogenMod team took to their Google+ page earlier, announcing that Pie Controls, a feature made popular in the Paranoid Android ROMs, would now be baked right into the CM10.1 nightlies.
Pie Controls are quick controls that are triggered by swiping on the display. While not in use, they are hidden, but with the quick swipe of a finger, you have access to settings, home buttons, or however you want to configure them for your device.
If you feel like grabbing the newest CM nightly once it goes live, follow this link.
Cheers Pratik and Mack!