App developer Paolino Alessandro has created an app to download the latest CM10 nightly builds to your SD card, making updating your custom ROM as easy as an offical OTA update from your carrier. The app has some impressive features, such as: automatic device detection, changelogs, ability to downloads gapps, scheduling update checks/downloads, and more. Since it is still in the early stages of development, there are a few limitations to it. For one, the amount of supported devices is limited to devices officially supported by the CyanogenMod team, and quite a few aren't. It also has some incomplete pieces, namely the "Old Builds" section of the app which is a work in progress.
Even with all the limitations, it looks like a pretty useful tool and I look forward to seeing it grow. If you want to check it out for yourself, you can find it on the Google Play Store: