Based on the latest Gingerbread source (2.3.7). There's an awesome new Ring lockscreen option that is somewhat similar to the honeycomb lockscreen.
Get it here:
http://download.cyanogenmod.com/?type=stable&device=sholes
Don't forget to add the latest Google Apps:
http://wiki.cyanogenmod.com/index.php?title=Latest_Version/Google_Apps
Kernel Plug:
In my experience CM plays very, very nicely with the deprimed_test kernel from this thread:
http://www.droidforums.net/forum/cyanogenmod/127262-kernel-deprimed_test-break-if-you-can.html
Ice Cream Sandwich Theme:
Here's a really thorough, detailed ICS theme. Apply using the Theme Chooser app.:
https://market.android.com/details?id=com.sonny.theme.ics&feature=search_result
UPDATE 12/4/2011: CyanogenMod has officially dropped support for the Droid. I know most of us won't be using this device much longer since many of us OG Droid users will be upgrading soon. I would like to note here for those hanging on the the OG Droid that from personal experience the Droid build of the CM7 ROM peaked at the nightly build from Halloween 10-31-2011 with the file name of cm_sholes_full-237.zip . Every nightly build following that had a broken Torch. This is the version of CM7 I would recommend above all others. I still recommend the deprimed kernel as well.
You can find cm_sholes_full-237.zip here:
http://download.cyanogenmod.com/?type=nightly&device=sholes
Get it here:
http://download.cyanogenmod.com/?type=stable&device=sholes
Don't forget to add the latest Google Apps:
http://wiki.cyanogenmod.com/index.php?title=Latest_Version/Google_Apps
Kernel Plug:
In my experience CM plays very, very nicely with the deprimed_test kernel from this thread:
http://www.droidforums.net/forum/cyanogenmod/127262-kernel-deprimed_test-break-if-you-can.html
Ice Cream Sandwich Theme:
Here's a really thorough, detailed ICS theme. Apply using the Theme Chooser app.:
https://market.android.com/details?id=com.sonny.theme.ics&feature=search_result
UPDATE 12/4/2011: CyanogenMod has officially dropped support for the Droid. I know most of us won't be using this device much longer since many of us OG Droid users will be upgrading soon. I would like to note here for those hanging on the the OG Droid that from personal experience the Droid build of the CM7 ROM peaked at the nightly build from Halloween 10-31-2011 with the file name of cm_sholes_full-237.zip . Every nightly build following that had a broken Torch. This is the version of CM7 I would recommend above all others. I still recommend the deprimed kernel as well.
You can find cm_sholes_full-237.zip here:
http://download.cyanogenmod.com/?type=nightly&device=sholes