I have mostly used MobiPocket Creator to convert my PDF's for the Kindle. It is does a really good job but it works on one file at a time.
I have recently started using Calibre to convert my PDF's. There can be a bit of a learning curve with Calibre but it has some awesome features like mass conversions and changing metadata in bulk (great for fixing author name formatting). I had to tweak some settings (made the Unwrapping factor .25 instead of 0 for example) but I am really pleased with the results. Calibre also handles a variety of formats other than PDF so that comes in handy too.
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