This right here tells us how much time you (haven't) spent with the stock moto ui. You can indeed hide apps in the app drawer. You can uninstall apps from the app drawer as well. I really like the folder system they have for the app drawer. Sure, you can make folders on the home screens, but I find I like folders better for the app drawer. I have a general folder, which I put all apps that I could use (mainly it just hides bloatware like vzw apps), then I have a games one, so I can quickly find games only. I also have an emulator folder, which houses all my console emulators and games. This new "blur" (I keep forgetting what they're actually calling it now) is superior to any other launcher, imo, in a number of ways. The only thing I'd like is more customization. ie, change from 4x4 icons to 5x5 or whatever, add more home icons (I prefer 5 instead of the 4 that it has). I also miss being able to have custom icons. I personally have found no lag at all, and in fact, I find it to be faster and smoother than ADW, GO Launcher and Launcher Pro.