Saw over MajorGeeks that GamersOffice has released WinLauncherXP 2.0.4 Beta
WinLauncherXP is a free application launcher for Windows 2000 and Windows XPDownload
Features:
AFFINITY:
for SMP (multi-processors system), you can select on which processors (up to 8 processors) each applications are run
APPLICATION PRIORITY:
You can configure your applications priority on your system. You can boost applications and games performance (depends of your hardware and software configuration)
WINDOW STATE:
You can choose the state of any launched programs (normal,hidden,minimized,maximized)
TRANSLUCENCY:
You can set any applications windows to be translucent so you will be able to see-through them. You can define the translucency level for each application.