Hi just made an app with my friend ventrix.
PermissionDog lists all the applications you have installed and checks out what permissions each app is using.
Based on these permissions it sets how dangerous the application can be.
PermissionDog also supports realtime protection. Every time you launch an application
a notification pops up and shows how many permissions the app is using
and how dangerous that application is. (in case you missed reading the permissions when you downloaded the app).
You can exclude any app from Real Time Protection (RTP) or disable the RTP service.
It's like a really lightweight antivirus.
Please note that the application is in Beta stage.Is fully functional and hopefully bug free but needs some tweeks.
Serius updates will come to the next few days!
Android Market Link
Rate if you like.
New Version Already UP
Thank you all for your valuable reviews
Fixed two force close bugs.
Fixed the uninstall app bug.