Is the icon name not being displayed in full properly a Droid OS issue or a Optimus V only issue? I end up having to use abbrivated 4 to 5 character names in order for each icon to show entire name without running off into hidden oblivion.
Its the design of the OS. It will happen with every launcher if your app has a name a bazillion characters long. If it didn't, everyones homescreens would look terrible and all clogged up with stupid app names.