So long story short I downloaded SQLite Installer from the market
Restarted and everything on my phone has been quick and painless it's been up for 6 hours now since the restart and have yet to have any lag/problems.
here's my set up:
0504 PBJ Kernel
OC'd to 1.2ghz (SIO i/o and Interactive governor)
don't know if it is placebo affect once again and I'd love to get some more veteran knowledge on this but I LOVE MY PHONE NOW
As I am a new member here I cannot post links but go to my thread at rootzwiki[dot]com/topic/25072-sqlite3-phone-is-snappier-than-ever/ and read the instructions there and download the easily flashable .zip file with the included detailing script.