I contacted Doug Lea about the thread pool idea, and he thought this was a "good plan".  He also said:

"To maximize ease of changeover to 1.5, you could temporarily add a
small 'Executors' class with factory method newFixedThreadPool(int
nthreads) that creates a PooledExecutor. If you used this for all
thread pools then later, you could kill that class, and instead import
the java.util.concurrent version.
"(See the source and javadoc for Executors class for more details.
http://gee.cs.oswego.edu/dl/concurrency-interest/index.html)"

The class Executors, from the cited source is:

/*
 * Written by Doug Lea with assistance from members of JCP JSR-166
 * Expert Group and released to the public domain, as explained at
 * http://creativecommons.org/licenses/publicdomain
 */
package java.util.concurrent;
import java.util.*;
import java.util.concurrent.atomic.AtomicInteger;
import java.security.AccessControlContext;
import java.security.AccessController;
import java.security.PrivilegedAction;
import java.security.PrivilegedExceptionAction;
import java.security.AccessControlException;
/**
 * Factory and utility methods for {@link Executor}, {@link
 * ExecutorService}, {@link ScheduledExecutorService}, {@link
 * ThreadFactory}, and {@link Callable} classes defined in this
 * package. This class supports the following kinds of methods:
 *
 * <ul>
 *   <li> Methods that create and return an {@link ExecutorService}
 *        set up with commonly useful configuration settings.
 *   <li> Methods that create and return a {@link ScheduledExecutorService}
 *        set up with commonly useful configuration settings.
 *   <li> Methods that create and return a "wrapped" ExecutorService, that
 *        disables reconfiguration by making implementation-specific methods
 *        inaccessible.
 *   <li> Methods that create and return a {@link ThreadFactory}
 *        that sets newly created threads to a known state.
 *   <li> Methods that create and return a {@link Callable}
 *        out of other closure-like forms, so they can be used
 *        in execution methods requiring <tt>Callable</tt>.
 * </ul>
 *
 * @since 1.5
 * @author Doug Lea
 */
public class Executors {
    /**
     * Creates a thread pool that reuses a fixed set of threads
     * operating off a shared unbounded queue. If any thread
     * terminates due to a failure during execution prior to shutdown,
     * a new one will take its place if needed to execute subsequent
     * tasks.
     *
     * @param nThreads the number of threads in the pool
     * @return the newly created thread pool
     */
    public static ExecutorService newFixedThreadPool(int nThreads) {
        return new ThreadPoolExecutor(nThreads, nThreads,
                                      0L, TimeUnit.MILLISECONDS,
                                      new LinkedBlockingQueue<Runnable>());
    }
    /**
     * Creates a thread pool that reuses a fixed set of threads
     * operating off a shared unbounded queue, using the provided
     * ThreadFactory to create new threads when needed.
     *
     * @param nThreads the number of threads in the pool
     * @param threadFactory the factory to use when creating new threads
     * @return the newly created thread pool
     */
    public static ExecutorService newFixedThreadPool(int nThreads, ThreadFactory threadFactory) {
        return new ThreadPoolExecutor(nThreads, nThreads,
                                      0L, TimeUnit.MILLISECONDS,
                                      new LinkedBlockingQueue<Runnable>(),
                                      threadFactory);
    }
    /**
     * Creates an Executor that uses a single worker thread operating
     * off an unbounded queue. (Note however that if this single
     * thread terminates due to a failure during execution prior to
     * shutdown, a new one will take its place if needed to execute
     * subsequent tasks.)  Tasks are guaranteed to execute
     * sequentially, and no more than one task will be active at any
     * given time. Unlike the otherwise equivalent
     * <tt>newFixedThreadPool(1)</tt> the returned executor is
     * guaranteed not to be reconfigurable to use additional threads.
     *
     * @return the newly created single-threaded Executor
     */
    public static ExecutorService newSingleThreadExecutor() {
        return new DelegatedExecutorService
            (new ThreadPoolExecutor(1, 1,
                                    0L, TimeUnit.MILLISECONDS,
                                    new LinkedBlockingQueue<Runnable>()));
    }
    /**
     * Creates an Executor that uses a single worker thread operating
     * off an unbounded queue, and uses the provided ThreadFactory to
     * create a new thread when needed. Unlike the otherwise
     * equivalent <tt>newFixedThreadPool(1, threadFactory)</tt> the returned executor
     * is guaranteed not to be reconfigurable to use additional
     * threads.
     *
     * @param threadFactory the factory to use when creating new
     * threads
     *
     * @return the newly created single-threaded Executor
     */
    public static ExecutorService newSingleThreadExecutor(ThreadFactory threadFactory) {
        return new DelegatedExecutorService
            (new ThreadPoolExecutor(1, 1,
                                    0L, TimeUnit.MILLISECONDS,
                                    new LinkedBlockingQueue<Runnable>(),
                                    threadFactory));
    }
    /**
     * Creates a thread pool that creates new threads as needed, but
     * will reuse previously constructed threads when they are
     * available.  These pools will typically improve the performance
     * of programs that execute many short-lived asynchronous tasks.
     * Calls to <tt>execute</tt> will reuse previously constructed
     * threads if available. If no existing thread is available, a new
     * thread will be created and added to the pool. Threads that have
     * not been used for sixty seconds are terminated and removed from
     * the cache. Thus, a pool that remains idle for long enough will
     * not consume any resources. Note that pools with similar
     * properties but different details (for example, timeout parameters)
     * may be created using {@link ThreadPoolExecutor} constructors.
     *
     * @return the newly created thread pool
     */
    public static ExecutorService newCachedThreadPool() {
        return new ThreadPoolExecutor(0, Integer.MAX_VALUE,
                                      60L, TimeUnit.SECONDS,
                                      new SynchronousQueue<Runnable>());
    }
    /**
     * Creates a thread pool that creates new threads as needed, but
     * will reuse previously constructed threads when they are
     * available, and uses the provided
     * ThreadFactory to create new threads when needed.
     * @param threadFactory the factory to use when creating new threads
     * @return the newly created thread pool
     */
    public static ExecutorService newCachedThreadPool(ThreadFactory threadFactory) {
        return new ThreadPoolExecutor(0, Integer.MAX_VALUE,
                                      60L, TimeUnit.SECONDS,
                                      new SynchronousQueue<Runnable>(),
                                      threadFactory);
    }
  
    /**
     * Creates a single-threaded executor that can schedule commands
     * to run after a given delay, or to execute periodically.
     * (Note however that if this single
     * thread terminates due to a failure during execution prior to
     * shutdown, a new one will take its place if needed to execute
     * subsequent tasks.)  Tasks are guaranteed to execute
     * sequentially, and no more than one task will be active at any
     * given time. Unlike the otherwise equivalent
     * <tt>newScheduledThreadPool(1)</tt> the returned executor is
     * guaranteed not to be reconfigurable to use additional threads.
     * @return the newly created scheduled executor
     */
    public static ScheduledExecutorService newSingleThreadScheduledExecutor() {
        return new DelegatedScheduledExecutorService
            (new ScheduledThreadPoolExecutor(1));
    }
    /**
     * Creates a single-threaded executor that can schedule commands
     * to run after a given delay, or to execute periodically.  (Note
     * however that if this single thread terminates due to a failure
     * during execution prior to shutdown, a new one will take its
     * place if needed to execute subsequent tasks.)  Tasks are
     * guaranteed to execute sequentially, and no more than one task
     * will be active at any given time. Unlike the otherwise
     * equivalent <tt>newScheduledThreadPool(1, threadFactory)</tt>
     * the returned executor is guaranteed not to be reconfigurable to
     * use additional threads.
     * @param threadFactory the factory to use when creating new
     * threads
     * @return a newly created scheduled executor
     */
    public static ScheduledExecutorService newSingleThreadScheduledExecutor(ThreadFactory threadFactory) {
        return new DelegatedScheduledExecutorService
            (new ScheduledThreadPoolExecutor(1, threadFactory));
    }
   
    /**
     * Creates a thread pool that can schedule commands to run after a
     * given delay, or to execute periodically.
     * @param corePoolSize the number of threads to keep in the pool,
     * even if they are idle.
     * @return a newly created scheduled thread pool
     */
    public static ScheduledExecutorService newScheduledThreadPool(int corePoolSize) {
        return new ScheduledThreadPoolExecutor(corePoolSize);
    }
    /**
     * Creates a thread pool that can schedule commands to run after a
     * given delay, or to execute periodically.
     * @param corePoolSize the number of threads to keep in the pool,
     * even if they are idle.
     * @param threadFactory the factory to use when the executor
     * creates a new thread.
     * @return a newly created scheduled thread pool
     */
    public static ScheduledExecutorService newScheduledThreadPool(
            int corePoolSize, ThreadFactory threadFactory) {
        return new ScheduledThreadPoolExecutor(corePoolSize, threadFactory);
    }

    /**
     * Returns an object that delegates all defined {@link
     * ExecutorService} methods to the given executor, but not any
     * other methods that might otherwise be accessible using
     * casts. This provides a way to safely "freeze" configuration and
     * disallow tuning of a given concrete implementation.
     * @param executor the underlying implementation
     * @return an <tt>ExecutorService</tt> instance
     * @throws NullPointerException if executor null
     */
    public static ExecutorService unconfigurableExecutorService(ExecutorService executor) {
        if (executor == null)
            throw new NullPointerException();
        return new DelegatedExecutorService(executor);
    }
    /**
     * Returns an object that delegates all defined {@link
     * ScheduledExecutorService} methods to the given executor, but
     * not any other methods that might otherwise be accessible using
     * casts. This provides a way to safely "freeze" configuration and
     * disallow tuning of a given concrete implementation.
     * @param executor the underlying implementation
     * @return a <tt>ScheduledExecutorService</tt> instance
     * @throws NullPointerException if executor null
     */
    public static ScheduledExecutorService unconfigurableScheduledExecutorService(ScheduledExecutorService executor) {
        if (executor == null)
            throw new NullPointerException();
        return new DelegatedScheduledExecutorService(executor);
    }
       
    /**
     * Returns a default thread factory used to create new threads.
     * This factory creates all new threads used by an Executor in the
     * same {@link ThreadGroup}. If there is a {@link
     * java.lang.SecurityManager}, it uses the group of {@link
     * System#getSecurityManager}, else the group of the thread
     * invoking this <tt>defaultThreadFactory</tt> method. Each new
     * thread is created as a non-daemon thread with priority
     * <tt>Thread.NORM_PRIORITY</tt>. New threads have names
     * accessible via {@link Thread#getName} of
     * <em>pool-N-thread-M</em>, where <em>N</em> is the sequence
     * number of this factory, and <em>M</em> is the sequence number
     * of the thread created by this factory.
     * @return a thread factory
     */
    public static ThreadFactory defaultThreadFactory() {
        return new DefaultThreadFactory();
    }
    /**
     * Returns a thread factory used to create new threads that
     * have the same permissions as the current thread.
     * This factory creates threads with the same settings as {@link
     * Executors#defaultThreadFactory}, additionally setting the
     * AccessControlContext and contextClassLoader of new threads to
     * be the same as the thread invoking this
     * <tt>privilegedThreadFactory</tt> method.  A new
     * <tt>privilegedThreadFactory</tt> can be created within an
     * {@link AccessController#doPrivileged} action setting the
     * current thread's access control context to create threads with
     * the selected permission settings holding within that action.
     *
     * <p> Note that while tasks running within such threads will have
     * the same access control and class loader settings as the
     * current thread, they need not have the same {@link
     * java.lang.ThreadLocal} or {@link
     * java.lang.InheritableThreadLocal} values. If necessary,
     * particular values of thread locals can be set or reset before
     * any task runs in {@link ThreadPoolExecutor} subclasses using
     * {@link ThreadPoolExecutor#beforeExecute}. Also, if it is
     * necessary to initialize worker threads to have the same
     * InheritableThreadLocal settings as some other designated
     * thread, you can create a custom ThreadFactory in which that
     * thread waits for and services requests to create others that
     * will inherit its values.
     *
     * @return a thread factory
     * @throws AccessControlException if the current access control
     * context does not have permission to both get and set context
     * class loader.
     */
    public static ThreadFactory privilegedThreadFactory() {
        return new PrivilegedThreadFactory();
    }
    /**
     * Returns a {@link Callable} object that, when
     * called, runs the given task and returns the given result.  This
     * can be useful when applying methods requiring a
     * <tt>Callable</tt> to an otherwise resultless action.
     * @param task the task to run
     * @param result the result to return
     * @throws NullPointerException if task null
     * @return a callable object
     */
    public static <T> Callable<T> callable(Runnable task, T result) {
        if (task == null)
            throw new NullPointerException();
        return new RunnableAdapter<T>(task, result);
    }
    /**
     * Returns a {@link Callable} object that, when
     * called, runs the given task and returns <tt>null</tt>.
     * @param task the task to run
     * @return a callable object
     * @throws NullPointerException if task null
     */
    public static Callable<Object> callable(Runnable task) {
        if (task == null)
            throw new NullPointerException();
        return new RunnableAdapter<Object>(task, null);
    }
    /**
     * Returns a {@link Callable} object that, when
     * called, runs the given privileged action and returns its result.
     * @param action the privileged action to run
     * @return a callable object
     * @throws NullPointerException if action null
     */
    public static Callable<Object> callable(PrivilegedAction action) {
        if (action == null)
            throw new NullPointerException();
        return new PrivilegedActionAdapter(action);
    }
    /**
     * Returns a {@link Callable} object that, when
     * called, runs the given privileged exception action and returns
     * its result.
     * @param action the privileged exception action to run
     * @return a callable object
     * @throws NullPointerException if action null
     */
    public static Callable<Object> callable(PrivilegedExceptionAction action) {
        if (action == null)
            throw new NullPointerException();
        return new PrivilegedExceptionActionAdapter(action);
    }
    /**
     * Returns a {@link Callable} object that will, when
     * called, execute the given <tt>callable</tt> under the current
     * access control context. This method should normally be
     * invoked within an {@link AccessController#doPrivileged} action
     * to create callables that will, if possible, execute under the
     * selected permission settings holding within that action; or if
     * not possible, throw an associated {@link
     * AccessControlException}.
     * @param callable the underlying task
     * @return a callable object
     * @throws NullPointerException if callable null
     *
     */
    public static <T> Callable<T> privilegedCallable(Callable<T> callable) {
        if (callable == null)
            throw new NullPointerException();
        return new PrivilegedCallable(callable);
    }
   
    /**
     * Returns a {@link Callable} object that will, when
     * called, execute the given <tt>callable</tt> under the current
     * access control context, with the current context class loader
     * as the context class loader. This method should normally be
     * invoked within an {@link AccessController#doPrivileged} action
     * to create callables that will, if possible, execute under the
     * selected permission settings holding within that action; or if
     * not possible, throw an associated {@link
     * AccessControlException}.
     * @param callable the underlying task
     *
     * @return a callable object
     * @throws NullPointerException if callable null
     * @throws AccessControlException if the current access control
     * context does not have permission to both set and get context
     * class loader.
     */
    public static <T> Callable<T> privilegedCallableUsingCurrentClassLoader(Callable<T> callable) {
        if (callable == null)
            throw new NullPointerException();
        return new PrivilegedCallableUsingCurrentClassLoader(callable);
    }
    // Non-public classes supporting the public methods
    /**
     * A callable that runs given task and returns given result
     */
    static final class RunnableAdapter<T> implements Callable<T> {
        final Runnable task;
        final T result;
        RunnableAdapter(Runnable  task, T result) {
            this.task = task;
            this.result = result;
        }
        public T call() {
            task.run();
            return result;
        }
    }
    /**
     * A callable that runs given privileged action and returns its result
     */
    static final class PrivilegedActionAdapter implements Callable<Object> {
        PrivilegedActionAdapter(PrivilegedAction action) {
            this.action = action;
        }
        public Object call () {
            return action.run();
        }
        private final PrivilegedAction action;
    }
    /**
     * A callable that runs given privileged exception action and returns its result
     */
    static final class PrivilegedExceptionActionAdapter implements Callable<Object> {
        PrivilegedExceptionActionAdapter(PrivilegedExceptionAction action) {
            this.action = action;
        }
        public Object call () throws Exception {
            return action.run();
        }
        private final PrivilegedExceptionAction action;
    }

    /**
     * A callable that runs under established access control settings
     */
    static final class PrivilegedCallable<T> implements Callable<T> {
        private final AccessControlContext acc;
        private final Callable<T> task;
        private T result;
        private Exception exception;
        PrivilegedCallable(Callable<T> task) {
            this.task = task;
            this.acc = AccessController.getContext();
        }
        public T call() throws Exception {
            AccessController.doPrivileged(new PrivilegedAction() {
                    public Object run() {
                        try {
                            result = task.call();
                        } catch(Exception ex) {
                            exception = ex;
                        }
                        return null;
                    }
                }, acc);
            if (exception != null)
                throw exception;
            else
                return result;
        }
    }
    /**
     * A callable that runs under established access control settings and
     * current ClassLoader
     */
    static final class PrivilegedCallableUsingCurrentClassLoader<T> implements Callable<T> {
        private final ClassLoader ccl;
        private final AccessControlContext acc;
        private final Callable<T> task;
        private T result;
        private Exception exception;
        PrivilegedCallableUsingCurrentClassLoader(Callable<T> task) {
            this.task = task;
            this.ccl = Thread.currentThread().getContextClassLoader();
            this.acc = AccessController.getContext();
            acc.checkPermission(new RuntimePermission("getContextClassLoader"));
            acc.checkPermission(new RuntimePermission("setContextClassLoader"));
        }
        public T call() throws Exception {
            AccessController.doPrivileged(new PrivilegedAction() {
                    public Object run() {
                        ClassLoader savedcl = null;
                        Thread t = Thread.currentThread();
                        try {
                            ClassLoader cl = t.getContextClassLoader();
                            if (ccl != cl) {
                                t.setContextClassLoader(ccl);
                                savedcl = cl;
                            }
                            result = task.call();
                        } catch(Exception ex) {
                            exception = ex;
                        } finally {
                            if (savedcl != null)
                                t.setContextClassLoader(savedcl);
                        }
                        return null;
                    }
                }, acc);
            if (exception != null)
                throw exception;
            else
                return result;
        }
    }
    /**
     * The default thread factory
     */
    static class DefaultThreadFactory implements ThreadFactory {
        static final AtomicInteger poolNumber = new AtomicInteger(1);
        final ThreadGroup group;
        final AtomicInteger threadNumber = new AtomicInteger(1);
        final String namePrefix;
        DefaultThreadFactory() {
            SecurityManager s = System.getSecurityManager();
            group = (s != null)? s.getThreadGroup() :
                                 Thread.currentThread().getThreadGroup();
            namePrefix = "pool-" +
                          poolNumber.getAndIncrement() +
                         "-thread-";
        }
        public Thread newThread(Runnable r) {
            Thread t = new Thread(group, r,
                                  namePrefix + threadNumber.getAndIncrement(),
                                  0);
            if (t.isDaemon())
                t.setDaemon(false);
            if (t.getPriority() != Thread.NORM_PRIORITY)
                t.setPriority(Thread.NORM_PRIORITY);
            return t;
        }
    }
    /**
     *  Thread factory capturing access control and class loader
     */
    static class PrivilegedThreadFactory extends DefaultThreadFactory {
        private final ClassLoader ccl;
        private final AccessControlContext acc;
        PrivilegedThreadFactory() {
            super();
            this.ccl = Thread.currentThread().getContextClassLoader();
            this.acc = AccessController.getContext();
            acc.checkPermission(new RuntimePermission("setContextClassLoader"));
        }
       
        public Thread newThread(final Runnable r) {
            return super.newThread(new Runnable() {
                public void run() {
                    AccessController.doPrivileged(new PrivilegedAction() {
                        public Object run() {
                            Thread.currentThread().setContextClassLoader(ccl);
                            r.run();
                            return null;
                        }
                    }, acc);
                }
            });
        }
       
    }
   /**
     * A wrapper class that exposes only the ExecutorService methods
     * of an implementation.
     */
    static class DelegatedExecutorService extends AbstractExecutorService {
        private final ExecutorService e;
        DelegatedExecutorService(ExecutorService executor) { e = executor; }
        public void execute(Runnable command) { e.execute(command); }
        public void shutdown() { e.shutdown(); }
        public List<Runnable> shutdownNow() { return e.shutdownNow(); }
        public boolean isShutdown() { return e.isShutdown(); }
        public boolean isTerminated() { return e.isTerminated(); }
        public boolean awaitTermination(long timeout, TimeUnit unit)
            throws InterruptedException {
            return e.awaitTermination(timeout, unit);
        }
        public Future<?> submit(Runnable task) {
            return e.submit(task);
        }
        public <T> Future<T> submit(Callable<T> task) {
            return e.submit(task);
        }
        public <T> Future<T> submit(Runnable task, T result) {
            return e.submit(task, result);
        }
        public <T> List<Future<T>> invokeAll(Collection<Callable<T>> tasks)
            throws InterruptedException {
            return e.invokeAll(tasks);
        }
        public <T> List<Future<T>> invokeAll(Collection<Callable<T>> tasks,
                                             long timeout, TimeUnit unit)
            throws InterruptedException {
            return e.invokeAll(tasks, timeout, unit);
        }
        public <T> T invokeAny(Collection<Callable<T>> tasks)
            throws InterruptedException, ExecutionException {
            return e.invokeAny(tasks);
        }
        public <T> T invokeAny(Collection<Callable<T>> tasks,
                               long timeout, TimeUnit unit)
            throws InterruptedException, ExecutionException, TimeoutException {
            return e.invokeAny(tasks, timeout, unit);
        }
    }
   
    /**
     * A wrapper class that exposes only the ExecutorService and
     * ScheduleExecutor methods of a ScheduledExecutorService implementation.
     */
    static class DelegatedScheduledExecutorService
            extends DelegatedExecutorService
            implements ScheduledExecutorService {
        private final ScheduledExecutorService e;
        DelegatedScheduledExecutorService(ScheduledExecutorService executor) {
            super(executor);
            e = executor;
        }
        public ScheduledFuture<?> schedule(Runnable command, long delay,  TimeUnit unit) {
            return e.schedule(command, delay, unit);
        }
        public <V> ScheduledFuture<V> schedule(Callable<V> callable, long delay, TimeUnit unit) {
            return e.schedule(callable, delay, unit);
        }
        public ScheduledFuture<?> scheduleAtFixedRate(Runnable command, long initialDelay,  long period, TimeUnit unit) {
            return e.scheduleAtFixedRate(command, initialDelay, period, unit);
        }
        public ScheduledFuture<?> scheduleWithFixedDelay(Runnable command, long initialDelay,  long delay, TimeUnit unit) {
            return e.scheduleWithFixedDelay(command, initialDelay, delay, unit);
        }
    }
       
    /** Cannot instantiate. */
    private Executors() {}
}

Hoowaa!

Michael