Very impressed with LauncherPro, it's very snappy and smooth on my Nexus One 2.1. Love the bounce back effect when swiping though screens. Great plethora of options. Removing the icon text is a great option, along with the 5 rows of icons option. I am able to pack in so much stuff on to my homescreen. The froyo style bottom icons on the homescreen are fantastic, still waiting on Froyo, so this is a good alternative, it lets me pack in so many icons on one screen! I can barely see my wallpaper.
If you haven't tried it yet go for it, you won't be disappointed!
If you haven't tried it yet go for it, you won't be disappointed!