Yes I've added capes for players! so if you grab the latest version of the mod you'll get 2 additional files that let you see yours and other players capes..
Will look something similar to this.. :

Think they look a little more interesting that the "standard" OF ones.. :).
Also it was becoming clearer that no one really knows which version they have or if they should upgrade etc.. To help with this.. i've added a version check function that will know when i've updated the client from the original link and let you know.. little bit like optifine & others notify you in chat.
Really good to see so many players using it! :)