My approach is similar to a few others here, using regions to organize code blocks into constructors, properties, events, etc.
There's an excellent set of VS.NET macros by Roland Weigelt available from his blog entry, Better Keyboard Support for #region ... #endregion. I've been using these for years, mapping ctrl+. to collapse the current region and ctrl++ to expand it. Find that it works a lot better that the default VS.NET functionality which folds/unfolds everything.
