I do like Dino said, and undock it and resize it. At work, with a single 20" monitor, I resize it so that it is about five lines high and a bit less than half the screen width - this is big enough to show everything I'm interested in, while covering less than half the screen real-estate of the docked toolbar.
At home, with two monitors, I undock the command window and move it to the second monitor, where it's about 12 lines high, and only wide enough to display an 80-character line.
Undocking the command window caused me to have all sorts of problems with my Nostromo n52, but I decided that with the new customizations offered by the CUI, I didn't need the n52 anymore.