Darren over at Tablet Minds provided this space saving tip in a comment to an earlier post:
“One thing I use is TrayIt (http://www.teamcti.com/trayit/trayit.htm). It allows you to send programs into the tray, and you double click them to restore them. This is great for Lotus Notes, which I have to have open all the time, but won't minimize to the tray. With TrayIt, it will. Now I don't have to suffer with Notes hogging a spot on my taskbar when it isn't in use.”
Sounds like TrayIt could be useful for any app you need to have open in the background all day. Great tip!
Outlook, for those that use it, provides a native way to do this. Simply right-click the icon in the systems tray and select “hide when minimized”. When you minimize Outlook there will be no icon on the Task Bar, just the icon in the System Tray.