Arduino Sleep for hours ?

That is a really good post!!!

I will be using arduino pro mini 5v with a 16Mhz crystal.

It will only need to measure some ultrasonic sensors data and send info with a gsm/gprs shield once a day.
I will look into those fuse settings

I will be using a 6v battery and the regulator that comes with the pro min wich i think doesn't use much power.