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@JRatNW
Nice bikes.
FYI, I have a set of the DA 7401's and absolutely love them. Easy to clip in/out, very easy to regrease (they have 3 sets of bearings), and just last forever..absolute tanks.
I use the red Delta cleats that give tons of float...I believe it's around 9 or so degrees. Really nice on your knees.
I just searched around on ebay and found a local guy that had a set in awesome condition for $20 US.
Of course they're a bit heavy but you can't beat their strength/smoothness. I have a friend that only rides track and uses the black cleats (no float)...he's had a few sets of 7401's for 20+ years of heavy use and they're still super smooth.
(this talks about the bearing setup)
http://www.bikepro.com/products/pedals/shimlook.html