Even better! WHY can't IE 7 have a Back History drop down like it does with the forward history. Aren't you going to use BACK more than FORWARD?
This feature is available in Firefox. Am I missing something?
IE7 has the back and forward history in one menu. Click the little down button right from the back and forward buttons. The menu that shows up is the back and forward history. Navigate one site back and you will see that your current page isn't the top most of the menu but the second. All above it is forward history and all underneath it is back history.
Feature is there! Case closed.