The first installment of Razor-Qt (0.4.0-1) available in our repository had several issues which the developers are continually trying to fix. I grabbed the most recent git snapshot and packaged it. Some of the fixes include the ability to use the mouse scrollwheel to navigate through the virtual desktops, different wallpaper and widgets on each virtual desktop, included policykit and power manager, etc.
There is still a long way for Razor-Qt to go but it is a good enough alternative DE for me. (1) It's light and it's fast, (2) it integrates fairly well on top of KDE giving me the option to use KWin effects, (3) it looks and feel like KDE 3.5 and KDE 4.6.5 put together.
If you have been testing the previous version of Razor-Qt, please help me test this one out. The RPMS are for 64-bit. Download them
here.
Extract the archive to a folder and use the usual #rpm -Uvh *.rpm. This batch would need an extra dependency - doxygen.

Your feedback and comments are appreciated. Thank you for reading.
Peace and much respect.
Archie