Yes, it's probably best to use folders on the desktop to organize Apps without having to use the drawer. There's a few good folder Apps on market. Try simi folder widget and see if you like it.
I use an app called Smart Taskbar by Kiumiu, awesome app and a great developer. There is a free and paid version, I paid for it just because the developer has worked so hard on it and always got back to me when I asked a question or requested a change. I use it with LauncherPro but it worked well with Sense before I went to LP.