Creating a new Tag in Entity window

To deal with this change my new workflow involves a brilliant little ruby script written by another Sage. This simple but effective script adds the functionality to the right click menu to add a tag with the name of the currently selected component and assign that tag to the component.

Create something, make component, give it a name. Immediately after creation the component is still selected, right click and run script option from the context menu. Now you have a tag with that component name and it is assigned. This works well for me, your mileage may vary.