@browniies; What's your custom ROM, kernel, cpu settings, and installed scripts (a2sd, etc.)? I own a P500 myself, using the latest CM7.2 by FitAmp (I reverted back to GB for stability and battery life), default CM kernel overclocked to 729MHz, using Mounts2SD as my a2sd script (on a class 4 16GB sdcard with a 2GB sdext partition and a 1GB swap), with CrossBreeder for tweaks. Launcher is Holo Launcher, and I've got over a hundred apps installed. It's been super stable for me, no hangs or significant slowdowns whatsoever. Then again, I'm not a gamer, so I don't go playing any games on this thing. If you're experiencing issues, it could be because of your setup.