Thanks to Arjun Kukadia for getting this kernel, and testing it out!
Looks like it goes well with EA v7.2 ROM, with very high fluidity even at 600 MHz. Take a backup with ROM Manager, install this via recovery and have fun!
Download this kernel – Kernel_126.96.36.199-EA_30-12-2011.zip
Updated kernel (untested) – Kernel_188.8.131.52_23012012.zip