Nothing too fancy here, but I'm new to android and I'm sure other Droid users are too so I'll share what I found:
Don't want to clutter your 3 home screens with dozens of app shortcuts? Create folders instead and organize your apps categorically, and keep your home screen real estate for widgets, or for showing off your background. To create a folder, long press on an empty spot on the home screen and choose Folder. You can name the folder by opening it and long pressing the title bar.
I only keep my most accessed apps on my home screens such as phone and browser, everything else I use goes into folders.