I found a registry hack to shorten the display path:
1) Type Regedit in "Run"
2) Navigate to HKCU\Software\Microsoft\VisualStudio\9.0\Find
3) Add a new string item called Find result format with a value of $f$e($l,$c):$t\r\n
And here’s the full list of items you can specify in the registry
Files
$p path
$f filename
$v drive/unc share
$d dir
$n name
$e .ext
Location
$l line
$c col
$x end col if on first line, else end of first line
$L span end line
$C span end col
Text
$0 matched text
$t text of first line
$s summary of hit
$T text of spanned lines
Char
\n newline
\s space
\t tab
\\ slash
\$ $
Modify at your own risk! Please back up your registry before making any changes.
