Well, first off, the path that's returned in the address bar matches what's shown in the Title (for lack of a better term) in the screen shot.
Secondly, I tried the PowerToy, unfortunately, the "Open Command Window Here" option doesn't show when I point to the Audio Player.
At first I thought maybe I'd installed it incorrectly, so I double checked with a folder on a regular drive...so much for that theory.
