I saw this feature pop up on twitter a couple days ago and I had to check it out.  If you want to see (and access) all the Windows 7 settings you have to check this out.

Here is a blog post showing how to Enable/Access GodMode in Windows 7.

http://sharepointben/s.msdn.com/stevecla01/archive/2010/01/03/enable-godmode-on-windows-7.aspx

There was another post highlighting the other GUIDs you can use for other various GodMode type folders here – http://news.zdnet.com/2100-9595_22-379690.html

Enjoy!