diff --git a/TODO b/TODO
index 912fab338..d979b6298 100644
--- a/TODO
+++ b/TODO
@@ -8,6 +8,9 @@ Some of the things (in very short form) that need to be done to E17...
   BUGS / FIXES
 -------------------------------------------------------------------------------
 
+* BUG: performance bug: e_app_new() is amazingly slow and heavy. see the FIXME
+  comment in e_fm.c in _e_fm2_icon_icon_set()... this needs to be traced,
+  profiled and leaned down by many factors :)
 * BUG: add applications to ibar etc. is broken now (indirect references from
   all applications menu don't work when trying to add - nothing happens)
 * BUG: adding app using "applications" dialog to a bar dir ends up with blank
diff --git a/src/bin/e_fm.c b/src/bin/e_fm.c
index d24b6817b..e3b01e0a0 100644
--- a/src/bin/e_fm.c
+++ b/src/bin/e_fm.c
@@ -1658,9 +1658,12 @@ _e_fm2_icon_icon_set(E_Fm2_Icon *ic)
 	          E_App *app;
 
 		  if (ic->info.pseudo_link)
-		       snprintf(buf, sizeof(buf), "%s/%s", ic->info.pseudo_dir, ic->info.file);
+		    snprintf(buf, sizeof(buf), "%s/%s", ic->info.pseudo_dir, ic->info.file);
 		  else
 		    snprintf(buf, sizeof(buf), "%s/%s", ic->sd->realpath, ic->info.file);
+/* FIXME FIXME FIXME: e_app_new() is SLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOW. it can
+ * be a complete hog. this destroys performance in fm2. :(:(:(
+ */
                   app = e_app_new(buf, 0);
 		  if (app)
 		    {