I use the explorer command prompt here capability all the time.
Today I was working in Visual Studio and thought wouldn't it be nice if you could just right click on a Solution Explorer file and select "Command Prompt Here". Well, I didn't find out how to do that, but I figured out how to do something even better. Add the command prompt as an External Tool.
Its rather easy to create an External Tool that opens a command prompt. Just select Tools.. External Tools...
Initial directory: $(ProjectDir)
Thats all there is to it. This will open a command prompt in the current project directory.
Now lets add one that opens a windows explorer to the project directory.
After you have created these external tools, you can then setup a shortcut or customize your menu to place them on the main menu.