It uses waypoints and such and is completely epic. New features in 0.10.6c: - Ordered waypoint color selection - MUCH faster threaded mode - Awesome square map Isn't much info on the thread page but it is a very useful tool. Download: http://lahwran.net/ZanMinimap0.10.6c-1.8.zip
Do you see the minimap in the upper right hand corner of the picture? It's like GTA, it shows your surrounding area on a little map, and it allows you to use waypoints to easily locate things. And it also displays your current coordinates without the need to press f3.