Xoom and the Android tablet experience

"There do not appear to be any full replacement distributions available for the Xoom yet; in any case, proper, built-from-source replacements will not be possible until Google sees fit to release the Honeycomb source. That will, sadly, delay the availability of distributions like CyanogenMod indefinitely."

Shouldn't it be possible to port the Gingerbread-based CyanogenMod 7 to the Xoom? If you don't have the source to Honeycomb, use the source you do have....