Thanks for the suggestions everyone.
Made some serious adjustments over the weekend including:
-Adding Launcher Pro Plus
-Only have 3 home screens now
-Removing Facebook Widget
-Removing Advanced Task Killer
-Removing Motorola Calendar Widget
-Adding App Organizer to condense shortcuts
Given, I haven't had my normal work day yet so I haven't been able to compare it accordingly, however, I gave my phone some decent use for an hour this morning and had it on for over 7ish hours and had 70% battery when I charged it this afternoon. It definitely seems like I can use my phone significantly more and not watch the battery rapidly drop now. I guess tomorrow will be the true test.