Apple has released iTunes 7.1.1, an update that "addresses a stability issue and minor compatibility problems in iTunes 7.1," according to Apple. The update is available via Software Update or as a 28 MB stand-alone download. A 36.1 MB download for Windows is also available.
Spin Through Toolbar View Options
Although many people never change their toolbars from the default settings, all standard toolbars on the Mac offer six states: icon only, text only, and icon and text, with all three coming in normal and small size. You can change them by choosing View > Customize Toolbar.
But there's a shortcut that makes it easier to check out each variant. Simply Command-click the toolbar lozenge at the upper right of a window, and the toolbar switches to the next view. Click it enough times, and you cycle back to the start.