So I went ahead and built my own ROM which essentially is a pruned-stock standard Acer 3.1 with only the barest minimal features to maintain speed and stability of the system. I've also gone ahead and deodexed most all of the frameworks and apps so feel free to mod this rom to add custom skins and animations if you so please. I'm sharing my work in the hope that you will find it useful.
The ROM can be downloaded here - http://www.multiupload.com/9H43RO49H0
Please leave questions, comments and queries below.
*Patch update* - I made a slight error in the update script and didn't set the right permissions for Superuser access. Apply this patch to fix it if your ROM doesn't have a working Superuser.apk - http://www.multiupload.com/RUO6SVRXEV