So when you power up it goes to the /\/\ and then goes to the Droid with the /!\?
When your at the guy with the /!\ it wont let you hit the "search" button to get into recovery?
And are you on Froyo or Gingerbread? You say your rooted, but thats it? You haven't done anything
else to it? And when your phone is powered down and plugged in does it show the big battery charging?