Azure Storage Explorer verison 5 is in development, and Preview 1 provides an early look at the new user interface and some of the new features.
Here's what's new in v5 Preview 1:
- New UI, similar to the new Windows Azure HTML5 portal
- Support for configuring and viewing storage account logging
- Support for configuring and viewing storage account monitoring
- Uses the Windows Azure 1.7 SDK libraries
- Bug fixes