This is a refreshing mod to find. The poster Taine0, at XDA, has moved the clock from the far right to the center of the screen and also rearranged the drop down menu. It really gives your screen a whole new look. Take a gander –
These are modifications made to the XML inside your device.  It was created while running CM7 on an HDPI device. That might be something to consider before you start digging in. Taine0 has put together a guide oh how this MOD was achieved. Before you get started you will need a few things first. Here is the list and links to download them –  APKmanager, Notepad++ and rootexplorer or similar ability.
You might want to read through the post before you start installing things, but everything you need to achieve this mod will come in handy often. Once you are set up and ready, follow the guide laid out at taine0’s XDA thread.
The developer mentions they are using an older CM7 build, but the files required should still be in the same locations. read through the comments for further assistance. I am confident you guys can pull this off with minimal headache, but PLEASE make a back up before you start editing XML files. We, nor Taine0 is responsible for things you break.
Source:Â XDA