SSMS has, for a while now, had an option to set Encryption on a DB True or False. It also displays this value in its information screens. TOAD still does not show this information. SQL Server 2012 has improved TDE, and it is now more important than ever. It would be nice it TOAD included Encryption as part of its settable options in the Alter Database dialog, as well as the information displayed in the View Details screen.
Also, if a Wizard was created that helped to automate the somewhat cumbersome process of setting up TDE, that would be some awesome gravy! [:D]