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Unique Nexus 7 homescreen
Similar to the Kindle Fire custom home screen, the Nexus 7 has a home screen with the most recently used applications.
Couple of Google widgets
Widgets are not supported on the Nexus 7, but Google does have a couple of their widgets for app discovery.
Android folder support
You can quickly and easily drag and drop application icons onto each other to create folders on the home screen.