Sorry for the multiple posts but I'm hoping this helps someone down the line. Here's the final report:
If you read from the top to this thread, you'll see that I had it plugged in but also had the screen off for a half hour. My WIFI was off, my Bluetooth was off and my phone screen was off (pushed the power button at the top). After a half an hour of letting it sit with the screen "off", I woke it up and dialed into the 4636 to see how things were looking. At that point, it still showed "Running (100%)", "Screen on (100%)" and (out of nowhere) "Bluetooth on (100%)". I had no clue what was going on so I unplugged it, powered it completely down, waited roughly two minutes then powered it back up. I let it boot up to the unlock screen, unlocked it, let Launcher Pro Plus start up and after about 60 seconds of sitting idle, I pushed the power button to sleep it. Didn't turn WIFI on, didn't turn Bluetooth on, just slept it. 30 minutes later - SUCCESS!! The "Running" value had dropped to 18.5% and the "Screen on" to 13.5%. The battery icon itself was still full and at this point I'm leaving it off the charger for as long as I can resist picking it back up. Seeing as I'm checking up on all the X-related 2.2 madness, this will probably last another 30-60 minutes, so I'll make one last post then and leave you all alone for the night.
Thanks for your help, Sydman.