I have actually tried both of those solutions and while doing handy things, they don't actually let me do what I want. Both of those things minimize to tray (one just doing WMP but letting you control it and the other minimizing anything it can get it's hands on) but it doesn't let you carry on using media player in the skin or whatever. I'm so picky.
And I can't even explain it properly. The powertoy thing works pretty well as you can control it from the tray I'm still holding out for perfection.
If FoxyTunes can do it someone should have made a PlugIn or something which will let it work. I don't know - it seems possible - maybe I'll just have to invent a way of doing it. Or go have a cup of tea. I'm split at the moment.
It's handy being able to whack things over to the tray when you don't need them though. I just really like having the least amount of things in the taskbar as possible as sometimes I have 3 whole rows of them. And this seems like one less thing I need to have there but I'd still like to have the media player skin floating over the top so I can use it quickly. I think I'm probably just going to have to bite the bullet and learn to use the WinAmp media library (which just seems to HATE me for some reason).
Thank you loads anyway!
And thank you Ray, I think it's pretty awesome myself.