I must admit...that I have finally gave up "Launchy" for a consistent use of FARR. It certainly is a 'Miracle' piece of Software ever made! :-)
Now Ctrl+Space comes up more automatically/involuntarily than Alt+Space!
Its sheer MAGIC went unveiled when I 'unchecked' that NUM LOCK Key option within the preferences, & since then there is no looking back!
Lastly, let me know of a 'stimulant' available with latest version of FARR in order to convince myself to make a 'must' transition.
An admirer from India...