Save desktop space!
My desktop always ends up with hundreds of icons, to the point where I run out of desktop space (on a 23" ACD). I had already switched to smaller 32x32 icons, but I have now found a solution that takes even less space. I switched the Label position to "Right" instead of "Bottom". It really makes a huge difference and even more text is displayed. You can change the Label position in the "View Options" (Command - J).