WM5NewMenu is the small freeware software for Windows Mobile 5.0 devices that allows you to enhance and configure the Menu on your Today Screen. It consists of two parts: the menu launcher and a Settings applet.
In the older Windows Mobile 2003 devices, there used to be an option “New” in the bottom left corner that allowed you to create new items such as SMS, MMS, Word/Excel/Powerpoint document, Notes right from your Start menu which is surprisingly missing from Windows Mobile 5.0 devices. WM5NewMenu allows you to add that feature for Windows Mobile 5 devices as well as add your own programs to the “New” menu list. You acn also change the position of the Menu on your Home screen. Plus a whole lot of other features.

Homepage- http://www.saman-cz.com/ppc/index.html
Download link- http://www.saman-cz.com/ppc/WM5NewMenu.zip