User webacoustics on DroidForums.net has posted instructions for loading a modified version of Android 2.0.1 that allows you to use your Droid for Wi-Fi tethering. Keep in mind it violates Verizon Terms of Service but read up and decide if this is for you...or if you want to wait until VZW lets you pay $30 a month for the privilege. We'll see if anyone here wants to give it a shot.
http://www.droidforums.net/forum/droid-hacks/10219-tether-capability-android-wifi-tether-wireless-tether-root-users.html