That's not the same thing as a separate toolbar, and it's no substitute. Extra toolbars have the advantage of location: a left-side toolbar, for example, removes the need to travel across the entire expanse of screen - my mouse is closer to the top-left of the screen FAR more often than it is near the bottom left - but i have never liked the toolbar anywhere except the bottom because the buttons were too big. To work around this omission, I initially wrote my own "extra toolbar" program and used it white figuring out a satisfactory native solution.
I now position "the" toolbar on the left side of the screen instead of the bottom, about an inch wide with autohide turned off. In the topmost position, I pin JumplistLauncher, where i keep the most important items from my pre-7 toolbar set, separated into categories. An imperfect workaround, but tolerable.
My other big complaint was that it is difficult to start additional instances of programs, but that turned out to be an error on my part: middle-clicking does start a second instance. I also find useful the fact that dragging a taskbar button toward the desktop always opens the program's jumplist.
Now, if I could just open all instances of a program with one mouse operation instead of it requiring multiple trips to the previews. It's a shame that there is a "close all windows" but not an "open all windows".