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[http://homepage.mac.com/asagoo/namely/ Namely] is exclusively an application launcher and is a lighter weight alternative to LaunchBar or Quicksilver. It is also FREE.
==GeekTool==
[http://projects.tynsoe.org/en/geektool/ GeekTool] provides a System Preferences Pane for displaying information on your desktop. It can run and display the output of anything (non-interactive) you can run on the command line. For instance, I have it displaying the output of cal, uptime, a script that grabs my IPs, and a todo file. You set a window size, location, and refresh time for shell scripts. You can also display a file or image...
Unfortunately the current version doesn't support Tiger fully. There is an unofficial version which does, available here: [http://www.jaw.it/pages/en/x_misc.html]
See also: [http://www.macgeekery.com/tips/cli/geektool_and_bash_one-liners]
==Full keyboard access==