After seeing videos of this ROM running on an Optimus V, I knew I had finally found a reason to root it. Perhaps its just advances in "one-click root" software, but this phone was WAAAY easier to root than the Intercept was. So far, I'm really loving it. The camera/clock/browser bugs are a tad bit annoying, but nothing worth going back to stock over. I've overclocked to about 768, and I can tell a difference in apps that could use a tad more speed. I've not really noticed much difference in battery drain, but it wouldn't surprise me if it was slightly worse because of the higher CPU clock.
I'm not sure if this has been reported already, but this ROM fixes a bug in the unofficial netflix app on Optimus V's where it showed an annoying green bar while viewing videos.
One question, though: Is it just Gingerbread or some sort of specialized add-on this rom has for the "move app to SD card" option? Compared to Virgin Mobile's stock froyo, this version really moves more of the apps to the SD card, which really helps saving on space. I'd not really heard anyone mention how much better this ROM does with moving stuff to the SD card, so it was definitely a pleasant surprise.