Well i have been using eFrost's FTouchFlo. And it works flawlessly and he incorporated a launcher into it.
And been using Slither2006 flashlite Cube. Amazing work for one weeks time.
eFrost FtouchFlo
http://forum.xda-developers.com/showthread.php?t=338143
Slither2006 Cube (Flashlite)
http://forum.xda-developers.com/showthread.php?t=336234