yeah, I work in Developer Studio mostly and it has a shit load of sub windows
so I usually make my browser the exact size of one of the sub windows and if someone tries to creep then I click on msdev or alt + tab
But I wanted to try out the full on window hiding.
An intern who did some work for me this summer uses a Mac and he showed me a hide all\zoom out type feature on mac's and mentioned that there was a plug-in for windows that did the same thing. Might be worth checking out too.