Welllllll....HAPPY to report that I tried moved the dalvik cache to the card per your suggestions and I'm back up and running!!!


Worked great...very easy...much appreciated!!
For anyone reading this thread I would like to note the following which was my experience and might be different for your own phone:
1. IN PREPARATION for running the "a2sd cachesd" command and in an abundance of caution I: (a) did a nandroid backup, (b) wiped cache; (c) wiped dalvik; (d) wiped data for the Market app.
2. I ran the "a2sd cachesd" command in the Terminal app and it seemed like the terminal app was HANGING. Perhaps because of all the crap (apps) I have on my phone, it took a SOLID FEW MINUTES for the terminal app to do what it needed to to. Just
let it do its thing and, if I remember correctly, the phone automatically reboots and you also might see a few "force closes" of applications, which is normal.
3. When the phone rebooted...and this is MY experience with MY phone and MikG v2.56 ROM....the phone REALLY HUNG at the ROM "splash" screen. I actually PULLED THE BATTERY twice after about 5+ minutes of being "stuck" on the splash screen. When I put the battery back in the THIRD time, I just let the phone sit....probably took 5-7 minutes again....but it DID boot up and I had NO PROBLEMS!!! I might have been successful with the phone booting up the first time, however, 5-7 minutes was EXCESSIVELY LONG for me to see that MikG ROM splash screen.
So, I'm back to where I was without this "insufficient space" errors...I hope it stays this way!!

THANKS AGAIN!!