Inference for R is a new development environment for R. I think it is just for Windows at this point. Not only does it integrate a decent editor, conditional execution of code, and R, but it also improves the data management by packaging R functions, datasets (manipulated through Excel 2007 or 2003), and R "code blocks" into one "container." It also, optionally, integrates R and MS Word or Excel (with Powerpoint integration promised "soon"), effectively solving some issues I've been having albeit not in such a lightweight way.
I'll be trying the product out, and will report back here.