If you miss Query Analyzer you can still vote on the Connect site for this tool: https://connect.microsoft.com/SQLServer/feedback/ViewFeedback.aspx?FeedbackID=297428&wa=wsignin1.0
However the answer from Microsoft is very clear:
Thank you for your feedback regarding the desire to have a lightweight code editor provided by SQL Server. We have no plans to provide this capability for SQL Server 2008. In the meantime, there are several "freeware" solutions available. We will consider this for a future major release of SQL Server.
There's another solution besides the freeware tool or waiting for SQL Server vNext that will ship in 2010-2011 and that is to open the SSMS directly in a Query Window as Buck Woody shows in this blog post: Argh! Bring back Query Analyzer!.
- Open SSMS
- Click Tools in the menu, then select Options
- In the At Startup button, click either Open new query window or Open Object Explorer and new query window
- Close SSMS
Also, to speed up the SSMS you may wanna read this post of Euan Garden: FAQ, Why does SSMS take 45s to start up?