No doubt that Quicklaunch is a good program. I used it since march when I had to launch an application before I could add it to Quicklaunch. But I also purchased ShortcutMe which I think is more powerful. Quicklaunch is getting many of it's new and good features from ShortcutMe. Multiclick feature and application list are all from ShortcutMe.
The only reason I still prefer ShortcutMe over latest version of quicklaunch is that I can create shortcuts with 1, 2 or 3 key combinations. Quicklaunch's only one shortcut key is simply not enough for a shortcut program:17:.