I stuck with .320 for a LONG time primarily for the battery life. I found that while .320 had it's issues (none of which really affected me that much, to be honest), it had the best battery life of any of OSes I tried...especially during heavy phone usage.
I recently installed
Lyricidal's .705 hybrid (.607 based), and I have to say that the battery life I've been getting out if it is nothing less than amazing. Easily the best OS I've used on either S1 or S2. Your experience may very, and I haven't even tried the
latest "official" OS yet, so I can't comment on that either...just wanted to put my 2¢ out there.