I am not selecting regions to run a CNV caller, but to create a null distribution for a set of statistical analyses. Therefore knowing how to deal with CpG content is important.
Thanks, for the answer about the telomere/centromere. I am indeed removing all the gaps (http://genome.ucsc.edu/cgi-bin/hgTrackUi?&c=chr17&g=gap) as well as the repeating regions. Should I also remove "Regions of Exceptionally High Depth of Aligned Short Read" (http://genome.ucsc.edu/cgi-bin/hgTrackUi?&c=chr17&g=hiSeqDepth)? What is a good threshold in this case?