I have some issues with layercut. If I move Always-on-top applications all shorcuts are redrawn. Right now I have to use layercut because it's the only module (tested with shorcuts 2 & 3) which keeps the z-order of the shortcuts (I use "simple" shortcuts).
Can I turn the redrawing off, or has someone any experience with this?

I've had similer issues with layercut shortcuts when opening programs, or even minimizing and maximizing open windows.
The ontop images either redraw or disapear on me completely. It didn't start untill I loaded lsbox and unthreaded layercut.dll in order to work within lsbox.
If your not loading layercut shortcuts inside a lsbox, try running the module threaded and see if that helps.

It helped for the TaskManager, but my tv-application still makes it "flicker".