Yes! Another productivity killer brought to you by Apple.

Remember old Alt + Tab which switches between windows on non-mac OSes? Mac also has it: ⌘ + Tab. When I press this shortcut, I see row of icons - nothing new here - but if you switch to minimized app, nothing happens. And there is no indication other than visual "something" in dock (if you use dock autohide - too bad, Apple doesn't care about your special needs).

If you happen to know that app, you want to bring to front, is minimized, you can press ⌥ while holding ⌘ while hovering on chosen app and then let go of ⌘.  You will probably have to slow down to remember the exact sequence of things you have to do to perform this magic, but slow is good - ⌘ + ⌥ + Tab with one hand? Torture.