So after all this time using setcpu to gain what i could out of my batter as well as performance i have found that using cyanogens in house cpu govenors and i gotta say, not only does my phone feel heck of a lot quicker but my battery is lasting longer as well. After 7 hours of browsing and using facebook my battery is only at 70%. I use it as an mp3 player the last few hours of work so we'll see how that fares.
<3 droid <3 cyanogen mod 7
<3 droid <3 cyanogen mod 7