You can also remove shortcut titles, just un-check the box below the icon one. I use it to take of the names from the app organizer app. Very clean looking screens as a result.
Now if only widget names can be taken off (like BW silent)...:icon_ banana:
couldn't you extract the apk and modify the pngs for the widget, resign and install?
That sounds like it could work, but I have no idea how to edit pngs or anything of the sort. Was looking into trying it out to make some icons and edit pngs but realized that I have no clue how to do that stuff.
Here, read my post [#90] here: http://www.droidforums.net/forum/droid-hacks/26242-skinned-audiomanager-widget-9.html
check these others for more help:
http://www.droidforums.net/forum/droid-hacks/41241-help-editing-apk-files.html
http://www.droidforums.net/forum/droid-hacks/27387-how-resign-apk-files-after-modding-them.html