Figured I'd just update here rather than make a new thread
Preface: Been liking the stock blur/whatever you want to call it just fine. Seemed to be running very smooth and had adjusted to it nicely (first android phone, keep in mind). But since Android gives us the nice options of installing diff launchers and I said earlier in this thread I would experiment, I took the plunge and decided to start with Launcher Pro...
Wow.. as smooth and slick as I thought blur was.. LP is like BUTTER on the bionic. Its amazing how smooth scrolling home screens is. The app drawer loads much quicker than even the stock one (which was still quick) and the vertical app listing is AMAZINGLY easier to use and also just incredibly smooth. Can't imagine ever going back to that blur app drawer.. its that much better!
Love the 5 icons you get on the bottom of the homescreens now... plus that scrolls too so I think you can have up to 15 or so if you choose.
The only problem I'm having is that I can no longer resize widgets... whenever I try it tells me to buy the paid version for that feature. This isn't a big deal to me as I'm not using many widgets anyway, tbh. So its not a deal breaker but figured its worth mentioning... It by no means detracts from how much better overall this thing runs compared to stock.
I strongly recommend any other android newbies like myself to give it a shot.. free version is available in the app store obviously, its small and has zero lag thanks to your bionic's dual core goodness. Also it gives you a couple different options for transition effects between homescreens.. I played with them all a little but settled back on the standard one I guess cuz I'm a minimalist... but they all work incredibly smoothly as well.
Don't even know if I want to try out ADW, Go launcher or some other ones, this is just too nice to need improvement.