Heres a port of PSFreedom for the Droid. Compiled against 2.6.32 kernel, so make sure your rootfs is from a ROM that uses that kernel. It was tested on CyMod6 but anything from that kernel should work. This port was really done as a collaboration between a bunch of people. Too many to name but if they want a mention let me know and Ill oblige.
Head over to http://psfreedom.com/wiki/Motorola_Droid for up to date instructions and new easier to use install files.
Droid Freedom has now been updated with the latest PSFreedom source which includes Peek/Poke and allows for use of Open Backup Manager. A disc is still required for backup launching just like any other PSFreedom build.
In an effort to fix the lack of WiFi some users, including myself, were having, I inadvertently made it so that WiFi wouldnt come back when restoring just the boot image of your proper roms backup. Sorry! 2.0.1 is the exact same PSFreedom build but without any of the broken attempted WiFi fixes inside. I have confirmed this doesnt have the same "bug" as 2.0 for myself. If anyone still has problems let me know and I will address them.