PowerShell ISE Server 2008 R2

By default PowerShell ISE is not available in Server 2008 R2. It's a feature that you will need to add. Go to Server Manager -> Features -> Add Features

PowerShell uses the "profile" concept somewhat similar to Unix. Profiles can be really useful in setting up your PowerShell session defaults. There are a number of built in profiles I was expecting to be available and was surprised when I had to create one.
   
How to use Profiles in Windows PowerShell ISE
How to Create Profiles in Windows PowerShell ISE

Create a new Profile

if (!(test-path $profile.CurrentUserAllHosts)) 
{new-item -type file -path $profile.CurrentUserAllHosts -force}

Add the SharePoint Snapin and run all my commands without annoyance. Execute the psEdit command and add the Add-PSSnapin and Set-Executionpolicy commands in the tabbed window at the top. You'll have to save the changes.

psEdit $profile.CurrentUserAllHosts

Add-PSSnapin Microsoft.SharePoint.Powershell
Set-ExecutionPolicy Bypass