Don't forget there are 3 home screens
In regards to the "There is no room for this on the home screen", don't forget you start off with 3 home screens. You can switch between them just by dragging to one side or the other. This lets you have room for big widgets like Pandora (why so big?) or the built in power manager. So check and see if you've space on either side of the main page. There is an app out there as well that increases the home pages to 7 but I can't remember the name.