*only when search box is not selected (non-colored G). Once in colored G, text changes to #000 54%. Sorry I might have said contradictory things in meetings.

just to clarify based on comment #1:

The placeholder text should be the same colour as the launcher background when the search box is NOT selected (non-coloured G). Then, once the search box is active (coloured G) the text changes to #000 54%. 

This contradicts the original report, so just confirming before I make any changes.

#3 is correct.

On inspecting the code (and confirming on device) it appears that this has been working as specified since  Issue 737611  was closed and no change is necessary. I've attached two screenshots.

Sebastien, if you can verify on device or clarify, that would be great.

Deleted: inactive_placeholder_text.png 788 KB

	inactive_placeholder_text.png 788 KB View Download

Deleted: active_placeholder_text.png 789 KB

	active_placeholder_text.png 789 KB View Download

You are correct. I found another related bug, the background shouldn't be themed when in this mode. I created bug 754567 and assigned to you. Thanks!