I'm not impressed with antipsychotics as mood stabilizers. Haldol has been used as an adjunct in acute mania for decades, but few thought it was a serious mood stabilizer. Since every SGA puts out millions to get FDA approval, a lot of people have started referring to them as mood stabilizers, but I don't buy it. I think they do help reduce psychosis associated with acute mania, but that's not the same thing. If I'm looking to add an antipsychotic to mood stabilizers in a pt with diabetes (not something I relish), I would be likely to consider an FGA first for metabolic reasons. Is there an SGA that hasn't been known to induce DKA or at least raise glucose levels? Why go there?
As for the mood stabilizer, Depakote, Tegretol, Lithium are your best choices, esp in acute mania. I agree with other posters that Tegretol has been ignored too often in the last 10-20 years. I believe anyone with Bipolar 1 deserves a good full trial on Lithium, unless it is absolutely contraindicated. Every couple years, another important review re-states that Lithium is still the Gold Standard. Renal complications are a potential concern. Some believe Depakote pulls people out of mania faster. I don't know about that. With Depakote or Tegretol, consider loading doses to reach steady state ASAP.
Don't forget about judicious use of BZD's as an adjunct in acute mania, even at fairly high doses. Getting/keeping these patients calm (and getting them some sleep) can save lives. Use appropriate doses and raise them according to a schedule you set. Chasing the mania with ever increasing doses can be dangerous. Once they catch up with the patient, he crashes so bad that he's unresponsive and goes to the ICU. In these patients, it takes 50-100% longer for the doses to work. If you use a schedule dose with PRN's, use tiny PRN's. e.g., if you Rx "Ativan 2 mg PO q 4 hrs unless drowsy/asleep," he WILL begin to calm and eventually sleep, but it will likely take 2-3 doses. If you want to add a PRN, use 0.5 mg-1 mg, so that by the time he goes down, he won't have had so much that you have to put him on continuous Pulse Ox to be sure he's still breathing.
I had a pt so manic he could not avoid contantly wandering into others' rooms and had not slept in days. I finally ordered Ativan 1mg PO q 30min and I sat up watching him (beginning at 2am), until he finally could sleep a full hour. Then I set him a scheduled dose and I went to sleep.