Now, without having to know a whole lot about how to build a live wallpaper (LWP) from scratch, you can! Thanks to a developer over at XDA-developers by the name of madwolfchin, you can create your own LWP with a tool he created called Ownskin UGC.
Madwolfchin has set up a few examples for us with customizable widgets that you can manipulate to your liking, including some fun little rabbits that bounce around and a basic paper that has a clock that tells the correct time. The current version doesn’t have Internet access, so some of the widgets that you run across that need a data connection won’t work right now. That will be included in the next update though. Right now you can download the APK file  from HERE and have a little fun. Note: your device must allow non-market app installations. You can also keep up with the thread there as well. The app isn’t yet on the market but will be soon.  I suggest keeping an eye on it, and on us to get all the full details. So go grab the tools and start turning that creative side loose!
I haven’t found the creator tool for the PC yet, but I’m sure it is on its way. If anyone comes across one, that please let us know where it is. Below are a few examples.
It looks like it could be a lot of fun for us non devs to be able to put together our own LWPs. I’m excited about this tool. What do you think?
Source: xda-developers