By default, in VS.net 2005 RTM, the Output window (Ctrl + W, O) is docked at the bottom. After I build my project, I have to scroll to see the contents of this window which is annoying.
So, I made my Output window a Tabbed Document by right clicking on the header of the Output Window. This way it has more area to display the information.
Finally, to make sure the Output window is visible when building, I go to
Tools > Options > Projects and Solutions > General and make sure "Show Output window when build starts" is checked.
To quickly close the active document, I have defined Ctrl + ` as the keyboard shortcut for File.Close.