I have made a minor update to the Clearlooks Compact theme, the panel menu now uses small icons.

Clearlooks Compact is a Gnome theme that tries to make use of the wasted screen space as much as possible. It is especially useful for small screens like on the Eee PC, or with intense applications like Eclipse.

This theme is picking up some steam lately:

I am using it on my 22” monitor and like it here too.