This is a compact layout for iGoogle. This removes a lot of white space and a few little-used widgets. It should be well suited for netbooks or for smaller monitors where vertical space is limited.

Details:
Removes the tabs, the footer and the select theme buttons, as well as a lot of white space around the search box. Also removes the chat widget on the left from the display.
This also compacts the contents of the modules together and reduces the space between modules.

The code is fully commented, making it easy to modify to your needs.