>> Sad to report widget icon text still cut off on my machine
>> (Samsung Galaxy Note 10.1 2014 edition, android 4.3, Apex Launcher)
In 1.5.1.7, I reverted widget layouts to how they were before 1.5.1.6.
If you've set Apex to a large (custom) number of home screen icons / rows, well, that predictably makes each widget / icon cell smaller.