How do I make Windows Media Player into a toolbar?

I have an Advent Laptop with Windows 7 on it. In previous versions of Windows, I was able to right click on the taskbar, move up to toolbars, and choose WMP as an option.

This would turn WMP into a little toolbar that had play, forward, back, pause, sound control etc on it instead of just a rectangle saying "Windows Media Player" on it. Then, whenever a new song played, a little sliding window would pop out of the WMP toolbar and tell me what it was, who it was by etc - the same would happen when I hovered over it.

Anyway, now-a-days, the closest thing I can get to that is to open WMP and click on "switch to now playing" which doesn't make it into a toolbar but does mean if i keep my mouse on the rectangle on the toolbar for long enough that song information will appear in a java bubble above it.

There has to be a better way! I miss being able to see everything without having to click or keep my mouse on it... If anyone can help, that'd be great.

Thanks in advance!