Best Rooting Instrucitons I have read, theese are the ones I followed. Make sure you don't skip the nandroid backup step! I would highly recomend titanium backup as well. As far as roms go, get rom manager and go for some test drives. BACK UP EVERYTHING!!! If you load one that's not working for you, you can restore through rom manager and it's like you never left.
Thanks everyone for the info, I have been reading for about 2 weeks and am a little bit nervous to do it. Is unrevoked 3 really that easy?
Mine hung up as well and read somewhere that you may need to reboot device to get drivers to take. Other than that it was really easy now to figure out exactly what I want on my phone.