All functions presented in Quick Launch are also in True Launch Bar. However, the True Launch Bar is fully compatible with Quick Launch because it uses the same folder for shortcuts. But there is one huge difference. True Launch Bar allows you to combine your shortcuts into groups.
LaunchOnFly is a Start Menu alternative and hotkey manager. It lets you launch applications, open files, folders, Web sites, and send e-mails faster and easier using quickly accessible and easily configurable menu which you can open using either mouse or keyboard.