HotMouse is described as 'brings high fidelity screen effects to your desktop. With a graphics engine specially designed to take advantage of your multicore Mac, HotMouse renders silky smooth, lag-free special effects around on your mouse pointer' and is an app in the office & productivity category. There are five alternatives to HotMouse for Mac and Windows. The best alternative is PointerStick, which is free. Other great apps like HotMouse are myPoint Light, Mouse Locator, iCursor and PinPoint.
iCursor is a funny and useless app for Mac OS X, it attaches to your cursor pointer a lot of particles. There are many customizable effects and you can also create and share new effects with other users.
PinPoint is a menubar item which displays an animated graphic around your pointer. It can help locate the pointer on your screen or multiple screens. It is also a great way to enhance your pointer with fun animated graphics!