Mosfet and switching regulator

Thanks for the help. I'm actually running two servo's off the regulator, just trying to keep the schematic simple. It's for a pair of cat ears mounted on a headband. I'll check on the current draw when I get back from work.I'm trying to keep the circuit size small so that all the components can fit inside the ears, otherwise I would just use one mosfet per servo. Besides saving power I was wanting to cut power to the servo's because even when I don't write to them they tend to jitter a little, but that may be my code. I'll take a look at the mcp1702's.