Try setting SetCPU to 700Mhz max and see if that works. You can also try a new kernal, look for them through ROM manager or here P3 Designs Froyo Kernals I would try a LV kernal and test for stability before going to a ULV. The kernal is everything though, with the 700Mhz P3 my Droid would freeze every 8-10 seconds and it was maddening so I got a kernal from ROM Manager from JDLFG which is an 800Mhz and it cleared up my issues.
Thanks, I was going to try a new kernel next, but wanted someone to suggest it first to confirm my logic
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