Customize is a Suite of Customization Tools for the iPhone.

Changes:

Added ability to hide applications.
Reengineered the Drag-n-Drop interface to make more iPhonic.
Replaced manual configuration with automatic configuration.
Addressed iPod Touch issues with Display Order odd behavoir.

Please Note: 1.0.2 Users, Customize is not yet completely comptaible with 1.0.2 firmware.

http://code.google.com/p/customize/