Windows 7 - Context menu to toggle the hidden flag on files and folders?

I know there's a context menu entry to show/hide hidden files. But is there one that makes/unmakes the file/folder hidden? Going to a file/folder's properties just to change it is a bit of a hassle (esp. on shortcut files).

Just in case I wasn't clear (or my wording was a bit confusing), example:
Let's call the context menu I'm asking for "change visibility".
1) Right-click on non-hidden file -> change visibility = file becomes hidden, but folder options remain as is (whether it shows or doesn't show hidden files).
2) Right-click on hidden file -> change visibility = file becomes shown (not hidden), but folder options is still unaffected.

Hello Ziklz,

This may be what you are after. However, hidden files will have to be set to show in order to be able to right click on it though.

File and Folder - Add "Hide" and "Unhide" to Context Menu

Hope this helps,
Shawn

Exactly what I needed. Thanks.

You're most welcome.