How do you install it from the site? Rename to update.zip and apply via nandroid?
I think that works. Other way to do it is listed on OP, which is to extract the apk, drop it on the sd card, go into terminal emulator, type "su" (no quotes), and then "switchlnchr" (again no quotes). Presto chango, new launcher is installed!
You will have to redo your widgets, but settings from rc1 and other shortcuts will be retained.
So far, seems just as fast as rc1, and has the zoomy effect from LauncherPro. I still like ADW more than launcherPro because of the taskbar... brilliant stuff.
