I've worked on apps with really cute custom spinners. They can add a distinct vibe for the app.
It's a high risk strategy though. If any part of your system starts running slowly, users develop ban associations with the spinner. I prefer default spinner designs these days.
miniblog.
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I have a couple of projects that have had a bunch of releases, but no v1.0 yet.
In some respects a v0.33 release has more positive associations (a history of support and bugfixes) than a v1.0. I don't have a good solution.
Wonderful, empathetic discussion of open source dynamics, emotional associations and mindset: https://blog.burntsushi.net/foss/