Ok, so I know there are lots of threads on here about overclocking. I have read a few, including most of the pages ( a lot!! ) in this thread on the Droid Overclock;
Droid X/2 Overclock App - Easy & Noob friendly ;)
I also have looked into Setcpu. Just wondering what app everyone likes in the D2 side of things. I have the OTA GB and everything is stock except rooted. I do have Titanium Backup Pro with some of the apps "frozen". Battery life seems better and now to see about doing some under/over clocking.