Under View/Toolbars, I can turn Address Bar, and Standard Buttons, etc.. on or off, like Rhinosaur said.
Under View, I can choose Icons, List , or Details for the Folder Window
When I have the view the way I want it, I go to Tools/Folder Options/View, I select -Apply to All Folders- button.
Works for me in XP SP3 the same way as in SP2.