AVS Special Member
Join Date: Dec 2008
Location: Cham-Bana Illinois
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Not sure if I am understanding what you want, but I will try to give you my 2 cents.
If FM radio gives you adequate sound quality then the FM transmitter should work ok for you. Just remember that should you drive a lot the odds that you will hit a FM station greatly increase so you will be changing the station for the transmitter.
For 200 bucks, getting a new aftermarket head unit with bluetooth should be pretty easy to find. You would lose your 6 disk changer but is sounds like the droid is replacing that anyway. I suggest getting a headunit that has bluetooth and a front mounted usb input. This would/should allow you to play your phone though the radio and also charge your phone.
I suggest using Crutchfield as they include a mounting kit and wire harness kit along with the instructions for your truck. Makes it pretty much idiot proof in installing and they have pretty good tech support.
"No one wants to fight the naked guy."