I am running helix launcher on a rooted droid running DM 1.0. The launcher has been very smooth for me and I haven't had any FCs. I think it is a great launcher and the speed is very impressive.
The only minor bug I have noticed is that my 4 quick launch shortcuts swap sides when I rotate into landscape mode (someone else posted this as well) which is a minor annoyance but not a big deal.
I have had no problem with putting better cut shortcuts on my helix launcher home screen. I have helix set as the default home and I just long press on the helix launcher home screen, choose add shortcut then bettercut etc. and they appear with no problem (it also makes a shortcut on my original homescreen but that is fine with me since I don't use it anyway). Maybe Helix Launcher needs to be set as default to add better cut shortcuts.
Also if you really want to get crazy with it you can make folder shortcuts with app organizer or folder organizer and then drag them to your quick launch bar allowing you to open an entire folder of apps with one of the 4 buttons.
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