Ubuntu :: Unity 2D Launcher Resize Options?

I recently installed 11.04 and Unity 2D (because my old laptop can't run the full 3D version). So far I'm pretty impressed and its growing on me, despite the negative press I'd heard and my own skepticism of change going into the new UI.

One thing that I haven't been able find out is if there is an option to vertically resize the launcher based on the number of active icons. I only have about half a dozen icons pinned to the launcher permanently, so there's a lot of blank "dead space" on the bottom half of the launcher unless I have a zillion other things open simultaneously.

Is there a way to make the Unity 2D launcher automatically shrink upwards to fit the number of pinned icons + active applications? (I've attached a mock up of the sort of feature I'm talking about.) It would be fantastic if there was a way to do this because it would be a much cleaner and more efficient use of my screen space. I've already downloaded the Unity 2D Settings application, but there are only 5 or so things you can edit with that little app. I was hoping for a method with a bit more flexibility.

I've heard that Unity 2D is specifically designed NOT to use Compiz, so things like cube desktop and wobbly windows will never be available in this 2D desktop environment. (Sadface for losing out on the eye candy I used to have in 10.10 )