The Short Period Supersoft Source in M31

We show that the recently discovered short period supersoft source in M31 is probably a progenitor of a magnetic CV. The white dwarf spins asynchronously because of the current high accretion rate. However its fieldstrength is typical of an AM Herculis system, which is what it will ultimately become. We discuss the relevance of this system to CV evolution, and its relation to some particular CVs with special characteristics.