Welcome to the CE boards, glad to have you with us!
As 8people was saying, Burgermeister01 merged CQM 1.2.1 w/ CE 1.1 but given how new CE 1.2 is he has not had time to merge CQM with CE 1.2.
From what I understand, this is something he plans on doing so it's just a matter of time. For now I would steer clear of merging CE 1.2 with any other mod (except those that only effect skins or sounds) because compatability has not been tested.
Thanks again for the compliments I hope you enjoy CE 1.2!