Peppie: as the dude abides mentions on his Blog AWN 2.0 has been released. Loads of improvements, some of them:
# Icon effects
# AWN Manager
Watch the video for all the effects in action: http://video.google.com/videoplay?docid=5963113639256134658
Its cool, its candy, its cool eyecandy. And it can be downloaded here or from a repository
See it for yourself, a detailed video of awn 0.2 and an overview.