It's nice, but I would make it remember the last position when it was closed:
Code:
Private Sub Form_Load()
    Me.Left = Val(GetSetting(App.EXEName, "Pos", "Left", Me.Left))
    Me.Top = Val(GetSetting(App.EXEName, "Pos", "Top", Me.Top))
End Sub

Private Sub Form_QueryUnload(Cancel As Integer, UnloadMode As Integer)
    SaveSetting App.EXEName, "Pos", "Left", Me.Left
    SaveSetting App.EXEName, "Pos", "Top", Me.Top
End Sub
Also, I would make it always on top ( you should find code on how to do that if you search the code bank i think)

And also, an option to "steal" a color from where the mouse is even when it's outside current window, this is easy with only a few APIs