Looks Great!
I posted my own solution for this a little while ago:
NI Community: Icon in Windows system tray with LabVIEW
I'd love to hear some opinions comparing the two and offering suggestions. Maybe we can roll the best of each (assuming my solution has something worth keeping ) into one great tool! It's obvious there's demand for this. I know a number of people have used what I posted, and can see the same thing here.