The new Trebuchet CM9 launcher has been released by one of the XDA-Developers. Ice Cream Sandwich based CyanogenMod 9 which is yet in very early stages is replacing the ADW with its own launcher named Trebuchet

  

The developer, nebkat, has recently started a thread in our forums where everyone can download the latest development version of the new launcher, report bugs and suggest new features, which currently include:

Current Features:

  • Custom number of Homescreens
  • Enable/Disable Persistent Search Bar
  • Separated Apps/Widgets in Drawer
  • Resize Any Widget
  • Show and Fade Scrolling Indicator in Homescreen and Drawer
  • Enable/Disable Auto-Rotate
  • Drawer Apps Sorting (Title, Install Date)

Planned Features:

  • Infinite Scrolling
  • Dock (Custom pages and size)
  • Transition Effects (Homescreen and Drawer)
  • Backup and Restore

[source: xda-forums, via xda-developers]