Phone: HTC Inspire 4G
OS: Android 2.3.3
ROM: CyanogenMod 7
Ok, So now I took the plunge for real, and I am now running a rooted android (jailbroken) with a custom ROM (theme).
Through trail and error, running into many "android.process.media" errors, I was finally able to clean it all up and the errors are now gone!
This error seems to stem from a few factors. 1) Google Apps being downloaded by the phone once logged in and 2) running backup/restore programs. It seems that the OS has issues with identifying certain things, so when the phone is downloading them automatically, and you use a app restore, the kernels get messed up causing the errors to start. It corrupts the Media Card in the process of reinstalling apps manually when the phone on your Google account is already downloading them too. Only thing to do is let your Google account (market place) restore your apps first. Once done, install other apps. My best bet was to have a clean, reformatted MicroSD card. No other way to do it. Once I played around with my phone in stalling other apps, I never got this error again. No apps crashed, and I had no issues side-loading either.
Now, because the MicroSD Card will be re-formatted, this is a great time to know that your phone won't lose the OS since its internally in the phones memory, but you will lose your contacts and other data again, but easily comes back one you sync your phone to Google Contacts. So anything you have on your SD Card, Back it up externally (preferably pictures, video, etc) But I will exercise a thought to anyone who keeps getting these "android.process.media" errors. Reinstall CyanogenMod 7 (CM7) and clean out Data and Cache, no backup. If you back up both, the CM7 backup will cause errors. A fresh install is preferred.
Sure you might have to sit there reinstalling everything and working your way around stuff, but a clean phone with fresh installs is better than a phone giving you errors. Took me a total of 5 hours to get this right.
Once you have things right, no error messages, back up your ROM and hold on to it.
Since doing this, My phones battery lasts 7-9 hours with no bloatware (carrier apps).
I am only sharing my solution to this problem. So if you are not sure on what to do and/or have bricked your phone, then I am not responsible.
Also, if you believe you might have corrupted your MicroSD Card, I would highly recommend buying the following tools: 1) Kodak SD Card Reader and 2) MicroSD Card Adapter. Cost: $22 at Radioshack. Worth having around because when I thought my SD Card was dead, this little tool was able to restore it and reformat it, especially when I couldn't reformat it from the phone or connected to the PC. Its probably because it piggybacks off the adapter. Worth the money.