Component Toolbar slows down RAD Studio 2010

In RAD Studio 2010 there is a new IDE feature called Component Toolbar. This feature provides a component palette similar to the old Delphi component palette.

This toolbar provides a nice search box which is able to filter components in the palette based on the search phrase. This toolbar is disabled by default, and is shown when Classic Layout is selected. Here you can see a snapshot of Classic Layout in RAD Studio 2010:

A few weeks ago while I was working with Delphi 2010, I noticed a delay when switching from code view to form designer. The delay was there not only in the complex forms, but also in simple empty forms! It was not a big delay (about 1 second), but since I had to switch between code and form designer view many times, it was really annoying, so I decided to investigate it and find out what is causing this delay.

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