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For me, powershell has very slow startup time. So I stick with cmd.exe. But it beefed up quite a bit. I am using:

- msys-git (I have ls, rm -rf... all unix goodness)

- clink (better tab completion, history, all around good stuff)

- console2 (styling)

- ansicolor (colored prompt)

and also I got some usefull aliases. If you are interested I can write down some steps for other people to follow.