Thanks man!! Will give it a shot. I have been craving for CH GB kernel with no multitouch bug.
Edit: As you said, that those who want to install MIUI etc etc. can just flash those ROMs after using the downgrade sbf, so I'm guessing that once I flash the downgrade sbf I should be able to flash the CH GB kernel (only the kernel if I have a flashable zip of it) as well. Am I right in assuming that?
Edit2: Cool, it works. I'm on CH GB kernel now.
ROM - Paranoid Android Apr 08
Other phones - Motorola Milestone 2 | HTC HD2