Another project is more or less finished, shaped into it's final form, and it works quite nicely.
FrSky D8R-II receiver, DFT transmitter module, Arduino Pro Mini, Cat's Whisker LCD.
Displays battery voltage/current with the graphs, consumed energy in mAh, power in watts, and RSSI level graph.
Video shows the main screen, screens can be switched using LCD buttons, there's another screen with RSSI levels, and I will probably add something later.
Binary sketch size is 7680 bytes, source code attached.

Update (08/22/2011): added connection diagram. Also I modified DFT module to have TTL levels instead of RS232, so for original unmodified module line 49 in the FrSkyCW.pde should be:

NewSoftSerial FrSky = NewSoftSerial(FRS_RX_PIN, FRS_TX_PIN, true);

Regarding sensors: for voltage I use simple 1/4 resistor divider (30KOhm/10KOhm), for current I use Allegro ACS715LLCTR-30A sensor breakout board from Pololu.
So as max voltage on D8R receiver inputs is 3.3V - those sensors give me up to 13.2V and 21.0A respectively.

Update (08/27/2011): changes in the code, added proper byte stuffing processing (7D 5D = 7D, 7D 5E = 7E), new version attached.

FrSky Telemetry (0 min 36 sec)

Changes in the code, added proper byte stuffing processing (7D 5D = 7D, 7D 5E = 7E), new version attached.

can i adapt this to a lcd 2x16 HD44780? can anyone help me?

axskin, it is possible, you need to replace CW_LCD.h library that I used for my Cat's Whisker LCD with any Arduino library that supports HD44780, and then you'll need to make some changes in the main code accordingly.

I don't have any HD44780, but I guess initialization and cursor positioning functions need to be rewritten.
Also some functions like built in bar graph display that Cat's Whisker LCD has will not work on HD44780, unless you write your own functions.

It is doable, but you have to know programming if you want to use another LCD, unfortunately I cannot help you with that.

hey c2po.. thanks for the code.. it was a great help to start me on reading the FrSky telemetry stream output from my DHT TX module.

I found that this code only read the FrSky RX when the FrSky telemetry hub was *not* plugged in.

I'm keen to expand the Arduino code to also decode the telemetry hub. Someone must have already done this before... but after an hour of googling I still can't find suitable *Arduino* code... (some interesting stuff in er9x & APM etc... though in C/C++.)