For all those that want to install this rom and are either scared off by other's issues, or are having trouble with missing widgets, apps, etc., I will let you know step by step how I installed this rom and have been running it all night with no issues.
1) Downloaded
FRF57V021.zip to my PC.
2) Followed GirLuvsDroid instructions on changing apps2sd install location to the phone as seen here:
3) Placed rom on my sdcard after the above was completed.
4) Flashed rom via Rom Manager. (I wiped)
5) Logged into my Google account. (I did this once I went to the market and it had me log in.)
6) Went into Settings>Location & security> and checked "Use wireless networks". (Again, thank you GirLuvsDroid) **If you don't do this and install Beautiful Widgets, it constantly keeps GPS on no matter what settings you have selected. I installed my apps prior to checking "Use wireless networks" and found Beautiful Widgets to be the culprit. I uninstalled BW after checking "Use wireless networks", then reinstalled and all is well. Save yourself some trouble and just check it right away.**
7) Downloaded Titanium Backup and restored all my apps, no data. (Apps will now go to your phone's storage, not sdcard. You can move them later as you see fit.)
8) I set up my phone, ran some of Pete's scripts, deleted the stock launcher (I use LauncherPro), let it sit for a bit, then made a backup.
9) Grabbed one of P3's kernels from here:
P3Droid Kernels
10) Flashed the kernel via Rom Manager.
I am now running BB v0.2.1 with a LV P3 kernel @ 1gHz with all apps stored on my phone and have had no issues or reboots. I can now move apps to my sdcard freely as I see fit. I did not get rid of the shutdown/reboot/recovery script as I don't have a problem with that. If you do not like this feature and would like to disable them, delete /system/bin/shutdown. My phone has been running perfectly, and I have rebooted a few times to ensure widgets and apps appear properly. I would stay away from placing apps that have widgets that you use on your sdcard. I haven't tried this as I have plenty of room, so I don't know if that will mess widgets up. I put games and other apps that I don't use as often on my sdcard. This post isn't directed at everyone, just people who are wary of this rom as it seems to be getting a bad rap. I blew off this rom at first after issues, and went back to Fab's rom. After reading everyones (read: GirLuvsDroid) helpful hints, I tried again using the above steps and realized that this is a really nice rom! No, Pete isn't off his game or anything, he is putting out amazing work. You just need to take your time with this rom to get it the way you want, vice his earlier roms where you just installed them and off you go. Ok, I'm done writing this novel. Hopefully this helps some newer folks out there. I know all you experienced ones out there got it down pat, but this worked for me, and hopefully it works for them.