I'd be glad to. It's going to be an hour or two, but this time of the night, most everyone who is interested is probably in bed anyway. lol.
Battery life takes a hit, but not as big of a hit as I had originally thought. Running GPS and Pandora/lastfm while I am driving (I drive for a living) at night usually leaves me with 30% battery life when I get home. (4 hours a night). Tonight when I got home, it was at 10%. I was expecting the battery to be completely dead when I got home.
Here is another thought for you... most overclockers agree that PC CPUs are rating for a life expectancy of around 10 years. If overclocking shortens the life of a CPU to even half what it was intended for, most people who overclock will have replaced it before then. That's why it is a risk they are willing to take.
My thought on the matter is that phones are probably rated much the same way. Certain life expectancy and certain acceptable failure rate. Even if the phone is intended to last two years, cutting that time in half wouldn't hurt me... I replace my phones yearly anyway. Since it is currently overclocked to 1ghz and I'm not seeing anything out of place... and the temps look fine (40-42 degrees c under full usage for 4+ hours), then the risk of failure is something I am willing to accept in order to have the added performance gains. To each their own on that one, though. Everyone is different when it comes to weighing risks against rewards.
The other big thing to consider is this: everything in the consumer industry is designed as a compromise. What will meet the needs of the largest portion of their buying public without sacrificing too much? In the world of cell phones, battery life is pretty high up on the priority list for most people. If I can almost completely drain my battery in about 4 hours with this clock... a lot of people would say that is completely unacceptable. Does that mean I need the longer battery life? No. My needs differ from others. That is the whole point in customization of anything you want to talk about. It is a way to take something and make it better fit your personal needs.