I have since then wiped and restored to Chevy ss 4.7 with 928Droid black glass theme...and Im worried to try and do it again.
I'm using the same setup (Chevy 4.7 and Black Glass) and cleared the dalvik cache this morning and have had no ill effects other than an additional 5MB of freed memory.
Mine was also hiding in data so did this in emulator:
su
cd /data/dalvik-cache
rm *
reboot
Runs like a champ.