Features of eXMenu include:

WYSIWYG editor that helps you to build your menu at design time, quick and easy
Skinnable Interface support ( ability to apply a skin to any background part )
Ability to load the control's Images collection using BASE64 encoded strings.
Ability to load properties of the control in web pages, without using BLOB data.
Chevron support.
Multiple HTML lines tooltip support.
Ability to use any ActiveX control inside sub menus.
Events from contained components are fired through to your program using the exact same model used in VB
XP shadow border effect.
Ability to use built-in HTML format inside item.
Partially Translucent support.
Accelerator keys support.
Mnemonic shortcut keys support.
Ability to pop up the sub menus.
Ability to display a picture on menu's background.
Ability to add an edit control to any menu item
Ability to display the menu horizontally and vertically as well
Mouse wheel support
Ability to insert more than a menu to your form or dialog
The menu's background and foreground colors are customizable
Ability to add, remove or change the items, at runtime as well
Standard, button and flat appearance, like Microsoft .NET menu
Support for multiple type of borders
Unlimited color options for any item
Font attributes( bold, italic, ... ) for any menu item
Support for checkboxes and bullets as well
Adding to add icons to your menu by drag and drop
Ability to scroll the menu items
Built using 100% ATL