Thanks to faria extracting this and updating his post over @ xda with the new working version (and to mala for pointing me to it
). Its a small task manager that actually closes apps when hitting the "X". You have the options to close when u tap it or close when u tap and hold. Just install the .cab and the settings for the app can be changed in the settings/system/x-button. Also when installed it takes up about 106kb slightly bigger than magicbutton but Im gonna give it a run and I will post what I think of it back here.
Enjoy,
Mike