Fuck. I bought this forever ago, either for my Droid 2 or my Galaxy S3. Skipped it on my first Pixel and came back on the Pixel 7.
Haven't really heard any talk about it, didn't know about the owner/dev drama until seeing some comments here.
Haven't noticed any ads myself yet, but maybe that's a "coming soon" thing.
Time to go launcher shopping again. This thread mentioned Lawnchair and Niagara, so I'll check those out first.