Enable clear type font

Yes, You should see your wallpaper without blocking by shortcuts after 8start Launcher installed, here the tip to make your desktop more easy to be read.

Windows XP allows you to enable Microsoft's Clear Type font smoothing method. This blends the colours at the edges of type on screen, causing the letters to appear less jagged. While it is primarily intended to increase text quality for users of laptops and desktop PCs with LCD (flat panel) screens, it is worth experimenting with even if you use a traditional CRT.

Be advised that certain ClearType settings may appear rather blurry on a CRT monitor. If you use an LCD monitor on a laptop or desktop, you should definitely enable Cleartype as the increase in text quality is considerable.

To activate ClearType: Go to 'control panel\display' and select the 'appearance' tab.Click the 'effects' button. Ensure that the 'use the following method to smooth the edges of screen fonts' box is checked and change the drop down box to 'ClearType.' Press 'OK.'

Once you have enabled cleartype, Microsoft has provided a web location where you can fine-tune your ClearType settings. Here it is the link.