I know I can get to alarm setup through the Clock app, but I swear this used to be a separate app. How do you get directly to the Alarms app?
Quick look around shows that the Alarm function is most definitely part of the Clock app.
I know that with LauncherPro you can set up "actions" as shortcuts, rather than directly to apps. You might be able to create a shortcut directly to the Alarm app.
There are probably other apps out there that do this. I would be interested in the answer, as I have a similar gripe about all of the "sub apps" included with the Clock app.
I set my alarms by tapping the Current Time on Beautiful Widgets. The "Beautiful Smaller Home Weather" widget takes up 4 slots on the home-screen but allows short-cuts to 3 actions: Set Alarms, Calendar, and Weather Forecast. The widget also lets you see the Current Time, Today's Date, and Current Weather with a glance at your home-screen.
Beautiful Widgets has a 4.5 star rating from 22k+ ratings. It costs ~$2 but I am not alone in saying that it is worth the price.
On my Droid X, there was an app preinstalled called "Alarm & Timer". That's what I've been using for alarms. Not sure if this is the same thing you are talking about though.
Which verison of the OS are you running? My Droid X is still on 2.1.