FWIW, I use a shellscript wrapper around dmenu which does a bit more than that. It's similar to Apple's spotlight, in that it has a live index of all files in $HOME, /media and /mnt and it allows running programs. I realised that with the inotify tools and a bit of shellscript magic (and the performance impact is not surprisingly not noticable :), and with a few dmenu patches (i.e. transparency support, xmms like searching). If anyone is interested, I could post the script along with a few instructions :)
Also: Caps as a modifier totally rocks :D
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Gregor Best
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