When I'm working on my laptop I have periods that I am only using a couple of programs, so the default intellihide setting of the Launcher ('Dodge windows') is very handy. But I also have periods that I have to switch very often between programs, and then I find it very useful (and better for my workflow) that the Launcher doesn't hide.

Now, every time I wan't to switch I have to open CCSM and change the setting (Unity plugin -> Hide Launcher), but it would be easier if I could use a shortcut for it. So my question:

Is there a way to create a shortcut to switch between (or change) the two settings of Compiz?

I thought of command line interface to compiz, but I couldn't directly find something like that.