The latest version of the ShellBrowserControls library is 1.2.1, which has been released on February 12th, 2012. 
License
ShellBrowserControls is free as in free beer. By downloading ShellBrowserControls you accept the following license:
License for use and distribution ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ShellBrowserControls Copyright (C) 2010-2012 Timo Kunze This library comes for free. You can redistribute it, but not modify it. If you use this library in your program, it would be nice (but isn't necessary) to mention its author Timo Kunze together with a link to his website http://www.timosoft-software.de in your software's About dialog. This library is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.
Downloads
- Installer (6.75 MiB)
Contains the ANSI and Unicode editions of the control, a help file for each edition and some sample projects for Visual Basic 6 and C++/WTL8. - ZIP archive (1.87 MiB)
Contains the ANSI and Unicode editions of the control and a help file for each edition.
See below if you’re looking for older releases. The documentation of ShellBrowserControls is also available online.
Requirements
The control requires Windows XP, 2003, Vista, 2008, 7 or 2008 R2 and the Microsoft Visual C++ 2010 SP1 Redistributable Package (x86) (included in the setup).
Changelog
The following changes have been made since the release of the previous version:
- Fixed a memory leak in ShellTreeView that occurred during drag’n'drop.
- Fixed a crash that could occur while dragging multiple items from different namespaces or displaying the shell context menu of such items.
- Improved support for dragging multiple items from different namespaces.
- Fixed detection of unavailable network drives as slow items.
- Fixed Tiles view for the recycle bin.
- Don’t check slow items for sub-items even on a background thread. Together with the previous fix this massively improves performance for network drives (and probably also for other slow items).
- Don’t extract the content of slow columns for slow items. It often makes the background thread hang for more than a minute and usually the result is empty anyway.
- Improved the Explorer sample.
View the full changelog.