Today I finally gave in and decided to root my droid and install a custom rom onto it. A few hours later, I can say that I don't think i'm going to look back.
For those who are interested/curious, i'm just going to tell you the easiest way/simplest way to get this whole process over and done with.
First of all, add DroidReview as a subscription to your youtube account and follow everything from there.
It was painless, and although i do find myself tech savvy, at least enough to be able to follow through with proper directions, it should be headache free even for the noobiest of noobs.
I would suggest like everyone else, to read up of course, (i did alot of research through reading through these forums and rootyourdroid.info are VERY helpful in understanding what you are doing exactly and how to do it correctly)
Now, i'm running Bugless Beast v1.0 with all the goodies of wireless-wifi tethering and overclocked CPU access and the rest of the things "2.1" should have offered us. For now, i've turned to the darkside and i encourage other who are fed us, as i was, in waiting for this 2.1 non-sense when ROMS are offering those things already and so much more.
I am no expert, but if a noob like myself can do it, anyone can.
Thank you all from droidforums for your help/comments