Click the databases node to see the databases data grid. You can see storage and activity of every databases in the instance side by side. This gives a unique live view of all databases state and performance:
 
Fields
    - 
        Database: Db name.
    
- 
        State: Database state - anything other than ONLINE will need attention.
    
- 
        Sessions: Number of sessions that are currently in the database. This is a good indicator of how busy a database is.
    
- 
        Size Mb: Data storage size on disk.
    
- 
        Log Mb: Log storage size on disk.
    
- 
        Log Used %: How full the transaction log is.
    
- 
        Trans Sec: Transactions complete per second. A great indicator of how busy and how capable the database is in terms of processing data.
    
- 
        IO Ops Sec: Input/Output operation per second. How many reads and writes are occuring to disk. Constant high values may mean indexes need tuning and/or storage disk hardware may need upgrading or the database having not sharing a disk.
    
- 
        Index Ops Sec: Index operations per second.
    
- 
        Recovery Model: Are any databases in simple mode when they should really be in full mode? Quickly scan all your databases here.
    
If a database is either dropped or created, the change will not be reflected in the server explorer until you right click the databases node and choose refresh.