Albuquerque has a cupcake store! Hurrah for Cake Fetish! Someone else has summarized the scoop, but I want to share.
Cake Fetish is located in the Encantada Square shopping center on the north west corner of Louisiana and Menaul (right across Menaul from Coronado Mall). They make FABULOUS cupcakes in really great flavors- Peanut butter chocolate, grasshopper, velvet evlis, sleepless in albuquerque, german chocolate, lemon, etc etc etc. The frosting is fabulous- exactly the right consistency- and the cake bases are wonderful as well. So fun!