[TxMt] Replace the drawer

I am not a big fan of the drawer widget. I was excited to hear that apple mail is dropping the drawer come 10.4. I would like to request comments about converting the drawer to a mini panel (the type that disappears when focus is lost). near the top of the panel, there would be a drop down which would list all open projects and files (if an open file has it's own window). as you focus a new window, the mini panel will update to reflect the currently focused window's project or file. in the case of a file, the mini panel would be blank.

what does everyone else think?