Schema Builder first appeared as beta in the Winter ’12 release, a visualization tool for Force.com and Database.com, giving you a graphical view of your view objects, their fields and their relationships. Although Schema Builder is still in beta, Spring ’12 brings the ability to create objects and fields. I could write a couple of hundred words here explaining how to open Schema Builder, navigate around the canvas, and create new objects and fields via drag-and-drop, but a two and a half minute video is much more effective. Enjoy!