You're speaking about SFML.framework (like 1.6 did have), right ? These will hopefully come one day but I don't when exactly.
Currently you can distribute your application the way you want (.app or command line tool – it doesn't matter). You just have to make sure your clients have SFML installed (dylib files).
When frameworks package will be available you'll be able to rebuild your application against them and release a new version of you app to your clients. They will need to install SFML frameworks to use your app.
just had to change "Build Active Architecture Only" to Yes, to build in Release
Ho! I forgot to do something with CMake! I should have activated the "universal" build... Will be fixed in a few days.