Just a heads up to those who are waiting for Folder Lite. I have resubmitted the app today. It was previously rejected because apple apparently doesn't allow for blank ad banners in your app, so I had to hide the banner when ads were not being served. They also didn't like me using their test ads in my screenshots, so I had to change those as well.
My apologies for the delay, I have been out of town for almost a week and the rejection was right before I left.
I should also note for any iPad hopefuls out there, folder lite will only support iOS 4.0, which means it won't be available for the iPad until it gets an OS update. (No ads on the iPad yet, so I can't make it ad supported)
I hope you all are enjoying the 1.2.2 update!