Windows 7 New Folder Lag - Solution

Recently at work I've been doing tasks that require me to download files into specifically named folders. Creating new folders from the download dialogue was really frustrating as it would take up to a minute from the point of clicking "New Folder" to the time I got the prompt to name it. This issue only cropped up after the first time my computer hibernated (which is every evening).

A little Googling later and here's the solution:

1. In an Explorer window, make the Menus visible by clicking Organize - Layout - then checking Menu bar.
2. Now click the Tools menu and select Folder Options...
3. Click the View tab.
4. Scroll down and check [ ] Launch folder windows in a separate process.

Go ahead and uncheck your Menu bar to get back to normal looking folders.