Well, if you recall from out double-team review of Mobile Shell 2, one of the "lacking" features was the ability to customize every single aspect of the new UI e.g. replacing icons, rearranging things, etc.
Swoop in the nerdy saints of XDA who have managed to figure out those pesky and encrypted .dat files. Needless to say, they have added some custom icons sets, moved things over and since this whole enterprise is just starting who knows where it'll go.
So far the majority of the config layouts are for those abundant 320x240 devices but there are a few 240x240 ones popping up.
jakkrith (with the assist) came out with a simple .cab file for portrait devices to simplify the job and bcchristian made one for square screens (seen above). Hop on over to follow the magic...

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I have to say, SPB Mobile Shell 2.0 is aweseom! I had ToughFlo setup for a while and liked it...but it wasn't great for the one-handed-warrior. I'm coming from a Treo 650 and SPB MS 2 seems to be just what I've been looking for.
Love the podcasts, keep'em coming.