This program has been around since 1998, even earlier as "Stiletto", but I haven't seen it mentioned here.
Totally <img src=/S/free.gif border=0 alt=free width=30 height=15> latest version (Nov 2007) is 4.8

"PowerPro lets you take control of how you use Windows 95/98/NT/2000/XP. Run commands and configure your system any way you want.

PowerPro gives you a compact and powerful launch bar, menu, and tray icon facility. But this is just the start. With a little experimenting with its configuration, you'll find that you can use PowerPro to change the way you work with your system. The source of its power is the way PowerPro integrates three capabilities:
<UL><LI>Running commands: Tool bars, tray icons, hot keys, mouse actions, menus, timer, scheduler.
<LI>Controlling other program's windows: Close, minimize, maximize, roll-up to caption, tray minimize, position.
<LI>Providing utility functions: Send keystrokes to programs, run commands when windows first open, virtual desktops, clipboard extender, keyboard macros, shutdown, show all folder files in a menu, sounds, wallpaper, and screensaver activation and randomization. "[/list]Alan