Finally got it working yesterday on mine and it does work faster then before.
However I've discovered where the speed issue is occurring.
Don't move apps to your SD card unless necessary.
By doing that will slow the operating system down. I moved urbanspoon from my phone to my SD card and things then went really slow. Moved it back to my phone and everything was fine again.
I'm guessing it's the speed rating of the SD card that is the issue.