Rated 4 out of 5 stars

Love this addon :) But if you ever decide to update I'd really like to see these features:

1) quick/easy access to launchy.xml
For example, under Options > Launchy.xml
you could have the following options:
->Create
->Open Folder
->Launch Launchy.xml in notepad

2) Allowing "custom" application type.

For example,
"custom": doesn't pass any arguments explicitly (requires user to pass arguments).
->myscript.vbs %current-url% -myparameters
->explorer %chromedir%
->notepad %chromedir%\launchy.xml

This review is for a previous version of the add-on (4.2.0).