The Team System team has released a new version of the power tools for TFS. This is a pretty big release with lots of good stuff (again).
My personal favorites this time are:
- Source Control Shell Extension. The source control folders can be mapped directly to Windows directories, which gives you an efficient way to perform version control tasks without starting Visual Studio. Users of Tortoise for SVN should now feel confortable with TFS. Here's a snapshot of the shell integration:

- Team Members. A new folder in the Team Explorer that lets you view and interact with people on the team.
- Improved search in source control. It's now possible to search of files based on dates, comments, check-in notes and more. A sample screen:

Download the power tools here.
Read more about the release in Brian Harry's post.