ADW Launcher
ADW's probably the ultimate modder's launcher - anything you want to tweak is tweakable, from the particular shade of Gmail red, to the precise gesture needed to open an app.
Sadly, it all comes at a price - ADW is complicated to use and sluggish compared to other offerings. More worryingly, development has ground to a halt, with no new releases to support versions of Android after 4.1.
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