After ungrading to Mountian Lion, my first impression of Launchpad was negative. I've been a Mac user since 1994 and wasn't particularly enthused about the idea of "converting" my Macbook Pro to and iOS device. I, now, find myself using it more and more. My dock still remains as my primary access point for more frequently used applications. I'll access lesser used items via Lauchpad. The three-finger pinch makes for quick and easy access.