Allow folder path paste to "Create Menu > Location"

When creating a virtual folder, I must "Browse For Folder" (see SNAG-0007.gif). This can be repetitive and time consuming if the folder tree is deep.

After much clicking I get to the "...\Internet Explorer\Documents" folder. Here, I can click on "Create Virtual Folder" and produce the results I want (see SNAG-0009.gif).

This process would be easier and faster if TLB allowed the folder path in Explorer's "Address Bar" to be pasted into TLB's "Create Menu > Location:" textbox.

Right now that textbox is used only for information because there some folders that do not have the "path" (like Control Panel). I'll try to open this textbox for editing.

TIP: You can create virtual folders using Drag&Drop. Take the folder by right mouse button and drag it to toolbar/menu. When you'll release the mouse button, select "Create Menu Here" menu item. This is must faster way to create Virtual Folders.