Launch Manager is the fastest way to launch hundreds of applications and call or sms contacts, quickly, effortlessly and in style on your Windows Mobile Device!

Video in action:
Release thread:

Regarding the post on the XDA-Developers webboard, it does not turn out fully, if this tool is free or not. The official webapge says it needs a registration key which costs around 10US$. We will investigate some time, if it turns out that the application is not free in it’s current release, we wont post further about it.