Conhost.exe a new system file in windows 7

If you are one of those users who regularly switch to taskmanager to view and adjust memory/processor usage, then you might have noticed a new process called "conhost.exe" which is located in eg. C:\Windows\System32.
So, it means its a system file.
This system file stands for, "console host", meaning it deals with the command prompt.
It basically performs two tasks:
1. It links the crss.exe file with the cmd.exe so that the windows theme is not affected by the command prompt.
2. It also adds a Drag and Drop functionality to the command prompt, where you now can drop files and folders.