Looks like easy, it is, but the IDE changed a lot so goes the post
1. Choose create a new Black Database
2. Click the Button Browse for Files


3. Save Your File as ADP then Connect normaly to SQL Credentials to an Existing or create a new Database
Cheers
Please do not forget at the time this post OFFICE 2007 is still in STAGE BETA.
My intention with this post is to provide a quick workaround to the issue
Q. - Does my Office 2003 become avaiable if i uninstall Office 2007 because i made an Upgrade?
A. - NO
Q. - What happen to PST file when uninstall Office 2007 Beta 2? (Downgrade to 2003)
A. If you Install Office 2003 again, the PST file is recover without any questions or warnings
GOOD NEWS, Cool