I have been running etm from the VL7 repository and have no problems. I don't see an icon in the directory. Have to, as we discussed before, make sure pyqt4 4.8.3-i486-1vl70 is not loaded.
I like your description too. It is very hard to describe. I think of Mark Twain trying to describe a rocket ship. The concepts that such a description would require would simply not be part of Mark's world. That same thing is true of ETM, at least for me. It organizes one's life from many different standpoints.