LaunchPads has just been updated to Version 1.7:

-> The new version (1.7) includes the following:
# 'New SMS' function added
# Drop Down Menu for Action-Field
# Font size and style can be set
# Buttons arranged in lines by two
# New PIN Messages can be created
# BlackBerry Bold Support
# Help file included in application


Please deinstall the old version before you install the new v1.7!

On some devices you have to set the permissions for the application to ‘Allow’:

Go to Options -> Advanced Options -> Applications -> MenuButton -> Modules ->
Type in LaunchPads -> Select the application -> MenuButton -> Edit Permissions -> Set all permissions to ‘Allow’.
Then reboot your device and the application will work.