This feature came out a while ago but I wanted to make sure that others knew about it, Google Chrome has combined their two drop downs into 1(one), giving users even more room on their browsers window for extensions and the omnibox (search box).

This is pretty impressive because even though Google Chrome combined two full menus into one, it is easy to navigate through and manage. Check out the screen shots below. The icons I am referring to are the small paper and wrench icons located on the top right of the browser.