I decided to reconfigure my development VM with PowerGUI to give me intellisense with PowerShell for SharePoint 2010.
I downloaded and installed PowerGui from http://www.powergui.org
Start PowerGUI and choose File – PowerShell Libraries
Add the SharePoint modules to PowerGUI. (C:\Program Files\Common Files\Microsoft Shared\Web Server Extensions\14\ISAPI)
It should look like this:
Now you should see intellisense for the SharePoint cmdlets: