It is available for rooted phones running Stock Android through the Xposed framework. There it is called "AppOpsXposed".
I also miss the possibility to give slightly fuzzed/offset values for certain things, like GPS granularity (Do you need to know my exact location, or just my country?) There's however an eternal struggle between the API devs wanting to make the permission system simpler, and the APP devs wanting it smarter and more refined.
https://play.google.com/store/apps/details?id=com.findsdk.ap...
Is there any evidence for that? My impression (from following blogs, G+, Gerrit, etc) was that CM simply couldn't keep up with adapting their features to new Android versions for a while, and the only reason the CM11 branch is reasonably stable is because KitKat has been out a full year.
It's not in their best interest to go "above and beyond" in protecting personal data.
google never accepted the patches into main android.
also as CM and google got more in bed that feature vanished for a while.