Go to wipe, wipe dalvik cache, and do a factory reset (aka wipe data). Then choose flash zip from sdcard, and flash downgrade.zip. The phone will flash the kernel, and system softare, then ask you to reboot. Let it reboot so it can flash the radio, it will restart back in the recovery image. You can power down your phone now.
At this point if your just wanted 1.5 back, you are done.
If you want the original bootloader and recovery image, (ie 100% stock) continue on.
Step three:
Plug your phone into your PC. Power your phone on using the power button (red) and send button (green). Your phone should now be sitting back at the bootloader screen and say FASTBOOT USB. Now on your PC, go to the sdk tools dir in command line. Issue this commanhttp://www.multiupload.com/6UE7AUN810d
Code:
fastboot flash recovery recovery.img
Let it flash, when done wait a minute (just to make sure).
Then issue this command
Code:
fastboot flash hboot hboot.nb0
Once this is done, wait a minute then pull your battery and restart your phone.
You are now back at factory stock.
THIS IS FOR INFORMATIONAL PURPOSES ONLY. BY USING SUCH A SERVICE COULD BE AGAINST YOUR CARRIER'S TERMS OF SERVICE.