As for me, I cah use my little program Path2Path which changes beginning part of path, so I may open folder C:\123 and press toolbar button to start Path2Path with current path and params C:\ and C:\Users\<Me>\AppData\Local\VirtualStore\ - and program will change current path in TC to C:\Users\<Me>\AppData\Local\VirtualStore\123.
BTW, I usually do not use system drive for experiments (many UAC's reminders).
Yes, we shouldn't use old apps but sometimes we have no choice. For this cases Explorer has a button to open such folder. And I'm sure it is not so difficult to add such button into TC (just check if files are exist in virtualized folder and add a reference to them).
Move to archive with external packers under Win7
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