When selecting features (in Map or in Attribute Table) ArcGIS should automatically show the summary of area and length for selected linear or polygonal features. Area and length could be displayed by default with possibility to choose other numeric fields for summarization instead. The summary can be displayed in Attributes pane for each layer or in Attribute Table (like in Excel Status Bar). Summarized values should update immediately when selection is modified. Summarization may include sum, average, count, min, max or median.
It would be a practical tool for interactively displaying summary from existing data that I often need to quickly obtain for better decision-making without having to run geoprocessing or open another application.