Hi Kuriel,
From the main VC window, on the options menu dropdown, select "show overlay". This will create an icon overlay that shows the current listen mode of VC (red, green, or yellow) and you can drag it anywhere. There are also actions that allow you to hide, show, or move this status icon. It will fade to semi-transparent after a few seconds and become opaque again when the state changes.
To see the last recognized command you can minimize VC to the taskbar. In windows 7 you can set the taskbar icons to "combine when taskbar is full" so that you can see the text. Then of course you can have the osd pop up your recognized commands, and also alternates.
Of course the osd popups and the overlay will not be visible if you are using a program that takes over the screen in fullscreen mode. For example, windows media center, or XBMC when in "true fullscreen" mode.
I don't think I will make a new view mode for VoxCommando, but I have been thinking about the possibility of offering the option to broadcast information about the current state, and the voice commands that are being recognized, via UDP. People could then create their own custom OSDs exactly how they want them, and they could even be shown on other machines on the network. Of course this would require some programming knowledge but hopefully the code could be shared for anyone who wanted to take an idea and modify it.