I did a little more checking, figuring there had to be a registry entry somewhere that would disable this wonderful bit of "magic".
My suspicions were correct. The non-standard display of the files in the "Temporary Internet Folders" is handled by a shell extension implemented in the shdocvw.dll DLL. You can disable this particular shell extension by editing the registry keys:
First make a backup of these keys so you can restore them if you like. Then modify the "(Default)" named values, clearing out the current values (probably %SystemRoot%\System32\shdocvw.dll ) and leaving them blank.
You should now be able to see Temporary Internet Folders the way it was meant to be seen, as simple files and folders, without having to resort to any tricks.
Here is a handy utility for viewing, enabling and disabling shell extensions:
http://riedersoft.myftp.org:85/~users/n ... xview.html