I use Module::Build for my modules (which are plain perl modules so far), and it works well. If you use it, be sure to use a relatively new version (I had some minor troubles with Version 0.26, all of which seem to be fixed in newer releases).
perl Build.PL
./Build test
./Build manifest
./Build dist
I understand ExtUtils::MakeMaker/Module::Build part of building out a distribution. I guess I'm really looking for auto generation of change logs, potentially uping version #s, uploading to CPAN, etc rolled into a nice neat package. I know of people who have built out their own release systems and see what other 'hooks' there are to make life easier for a CPAN developer.