AFAIK the fastest kernel anyone has tried to run on the moto droid was that speedball from Jake that nobody could boot, I think it was 1.8.
1.2 GHz is what you are looking for
was about to ask if moto dropped a new bombshell
Nah, he meant 2.2. All that liquid cooling equipment makes the phone bulky, but hey, its a small price to pay for high mflops.
On a more serious note, I am GEEKED. I have been running froyo since it came out, but was missing cyanogen so much I was thinking of going back today. Guess ill just wait until the test builds start to drop. :-)