PAWS  I too have found this icon discussion to be entertaining and interesting to follow. At this point my wild guess why they still stick with their original logo is this:

.

"There is only one thing worse than being talked about and that is NOT being talked about."

- Oscar Wilde -

;)  
(Version 5.0.42)

PAWS  There is so many bad comments on this app that I'd like share my experience. I got this app as an extra from MuPromo bundle (Back to School). I had also trouble with the first reg code, but the second one worked just fine. I installed Kameleon, Disingenuous theme, both to System and iTunes. iTunes was prior to 8 (7.x) – I intended not to upgrade to iTunes 8.0 because all the crashing experiences people got. But – I forgot I had downloaded (but not installed) iTunes 8.0 with Software Update days before... So when I booted my MacBookPro, iTunes 8.0 got installed! I can tell you that I was really surprised that everything still worked just fine - even iTunes 8.0. Actually new Kameleon skin looks very nice! I don't know what causes the crashing problem all the other people got, but mine works flawlessly. Maybe it's that I installed Kameleon first and iTunes 8.0 (34) after that. I have a myriad of other programs installed and started at login, so it's not a question of "clean" system - far from that. ;-) I have Leopard 10.5.4. I suggest that the developer of Kameleon should check the installation issues if there's something wrong with that...

...

All I want to say is, that Kameleon works just fine with iTunes 8.0 - if the right conditions (?) are met! ;-)  
(Version 1.0.3)

PAWS  I was seeking something else, but I came across with this amazing application. Glad I did!

You have to try this one yourself - it's definitely an unbelievable experience! This is the most intuitive and fascinating piece of software I have ever used or heard of.

Stability is good, it crashed only once on my MacBook Pro with Leopard. I have been playing with this software for hours now...

I'm impressed!  
(Version 1.7.1)