The latest 1.5 version that just got out confirms these impressions, introducing a new feature called Shutters, that lets you launch an app widget by simply swiping down on its icon on your homescreen. This way you can have icons instead of space-taking widgets, and fire up the widget when you need it.
Of course, the whole point of those little helpers is to present condensed app info at a glance, or make its features quickly accessible from the homescreen, but for a bunch of functions like the connectivity switches, Shutters can come pretty useful. Check out the demo below and hit the Play Store link if you are intrigued.
source: Action Launcher Pro (Google Play)