If you already use the new PowerShell ISE v3 script editor, you noticed that the editor now has an almost real console with input and output going to the same pane. Here are some keyboard shortcuts that are useful in the new PowerShell ISE console pane:
CTRL+I: Switches focus to script pane
And if the script pane has focus, you can press CTRL+R to temporarily hide the script pane and work with the console pane in full screen.