I love having widgets on my homescreens.

Here is my list of favorite widgets:

1. mclock (you can find various xml templates at xda forum)
2. Beautiful widgets (I am using the free version)
3. Fancy Widgets (free)
4. Android Pro widgets (Twitter,SMS and Calendar)
5. minimalistic text
6. SUI SMS Widget
7. SiMi Folder

(All the above mentioned widgets are free)

What are your favorite widgets? share them with us